Credit Suisse Group chief executive Brady Dougan said pay for bankers was still outpacing shareholder returns, a dynamic that would change once the bank completed an overhaul of its business model...
- Thu
- Jun 20, 2013
- Updated: 3:57pm
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Compared with the six previous overhauls of China's ministries, the reform this time appears to be more low-profile and pragmatic. Also absent were the fierce ideological debates of the past, on...
The cumbersome, 14-character name initially announced last week for the mainland's new press and broadcasting administration, was widely criticised, with detractors quickly seizing upon its length...
The ministry, which survived the last cabinet overhaul in 2008 only to become mired in scandal, would have its responsibilities split between the Transport Ministry and a new China Railways...
A vindicated Wen Shuping awoke yesterday to many phone calls from her friends in the media, telling her that the Railways Ministry was at last going to be dismantled, with its administrative and...
The proposal, made yesterday for consideration by the National People's Congress, would see the State Administration of Radio, Film and Television (SARFT) combine with the General Administration...
Under the proposal released by the State Council yesterday, day-to-day operations and the planning of future railways would be spun off to a new China Railway Corporation, while regulatory...
The State Electricity Regulatory Commission (SERC) will be folded into the National Energy Administration (NEA), the State Council said, as it set aside a proposal for a more dramatic shake-up in...
"In fact, reforms are aimed at cutting off pieces from one's own body." Wang Yang's words may sound sadistic but they encapsulate the enormous challenges and difficulties the mainland leadership...
The functions of the Health Ministry and some of those of the Population and Family Planning Commission will be merged and a new food and drug safety regulator with ministerial-level status formed...
The curtain is likely to be drawn on several decades-old ministries and agencies, while others are expected to be streamlined when State Council secretary general Ma Kai submits proposals to...
Finally, it seems the railways ministry may soon be restructured as part of a wider exercise by the Chinese government to streamline its ministries. Putting railway reform on the agenda of this...
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