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  • October 25, 2014
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  1. Market reforms risk going backwards

    Posted Apr 06th 2006, 12:00am by Mark O'Neill

    ... telecommunications and aviation- through a combination of economic measures and political lobbying. For supporters of the private sector, it appears that free-market reforms are being reversed. 'It ... moment in the reform process. It is no longer simply a question of economic reform but a clash of interest between classes and interest groups. We must prevent the use of the name of reform ...

  2. Power firms want more time before reforms

    Posted Jul 01st 2006, 12:00am by Dennis Eng

    ... between the government and the companies expires in 2008. A 10-year extension to 2018 has been proposed, with an option to extend it for a further five years. Permanent Secretary for Economic ...

  3. China Mobile sets ringing reform tone

    Posted Nov 19th 2007, 12:00am by Staff Reporter

    ... clashes and sceptics at home and abroad. Central to the breakthrough in reforms, however, was support from Zhu Rongji. 'Zhu Rongji, then vice-premier responsible for economic policy, fully ... winning economic streak will largely be determined by whether Beijing can continue the restructuring and modernisation of corporations like China Mobile. One of those who played a big part ...

  4. Yellow River economic zone set for approval

    Posted Jul 15th 2009, 12:00am by Eric Ng

    ... River Delta economic development region', according to officials of Dongying city, which is located at the heart of the region. The area's development will focus on the production ... the area includes the major Shandong cities of Zibo and Weifang. Dongying's Communist Party secretary Zhang Qiubo said the plan had been submitted by the National Development and Reform ...

  5. Refiners promised reform on fuel prices

    Posted Mar 06th 2012, 12:00am

    ... be launched this year 'at the right time, according to economic conditions'. Premier Wen Jiabao said in his annual government work report yesterday that Beijing would reform the pricing ... Eric Ng in Beijing eric.mpng@scmp.com The central government is determined to reform the domestic fuel price-setting mechanism this year after years of concerns that such a move would ...

  6. Beijing must step on the gas and reform oil pricing

    Posted Jan 15th 2007, 12:00am by Staff Reporter

    ... Price reform is a sensitive matter in many countries, not least on the mainland, where the public remains shielded from the fluctuating prices of key commodities, including fuel oil. So ... forces. Concerned that rising fuel prices would affect economic growth and breed social unrest, the central government has continued to dictate the price of oil products. The residual controls ...

  7. Slow-burn China reforms light a fire under investors

    Posted Oct 01st 2005, 12:00am by Tom Holland

    ... of reforms reshaping the mainland's banking sector together add up to a slow-motion explosion whose reverberations will be heard for years to come. Most eye-catching will be the initial public ... But although the offering for CCB will certainly be the most spectacular evidence yet of Chinese financial reform, in reality it is just one step in a 25-year programme which is designed to transform ...

  8. SFC overhaul must not slow market reform

    Posted Oct 10th 2005, 12:00am by Staff Reporter

    ... and why the same scrutiny of governance is not being applied to other regulators such as the Hong Kong Monetary Authority or the insurance watchdog. The fear among sceptics is that political ... become a political appointment. The risk of damage to both the SFC's perceived and real independence would be paramount. Most importantly, it is crucial that any top-tier remodelling ...

  9. Bank reforms lack radical measures

    Posted Dec 03rd 2003, 12:00am by Staff Reporter

    ... Regulations in the mainland's lending sector need to be loosened further to draw investors, writes Craig Stephen China's bank reforms unveiled on Monday seemed to be more ... state-owned lenders in a 'pilot' reform programme. Earlier, China's chief banking regulator Liu Mingkang had suggested foreigners might be allowed to invest and take executive roles ...

  10. Reform road long and arduous

    Posted Oct 03rd 2005, 12:00am by Elaine Chan

    ... standards, IPOs- foreign and domestic- are a testimony to progress achieved in reforms by the banks and reflect endless months of restructuring to present to investors, vehicles that promise ... banks and the wider economy, Beijing has put caution above all, engineering a relatively slow reform pace, often to the chagrin of foreign investors. The coveted China market is potentially ...




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