Chinese Telecom Industry

Chinese Telecom Industry December 11, 2001 was a keen-sighted awaited day for both local businesses, as rise as for foreign investors. It was the day that the Chinese State Council declare the Regulations for the Administration of Foreign Invested Telecommunications Enterprises (FITE) which were scheduled to come into effect on the 1st of January 2002. Since its accession to the WTO, foreign telecommunications have eye what is arguably the largest telecommunications industry in the world, and outgrowth at a rate of over 20 per penny per annum.

Having said that, Bureaucratic influences have stunted what were once significant and foreseeable changes in regulation, the effect being cushioned solely by government coronation into the industry. We encourage more investment into the telecommunications sector as we are moving into a little stage since the industry is deepening its reform and telecom equipment is upgrading, says Xi Guohua of the Ministry of Information Industry (MII). ...If you want to get a expert essay, order it on our website: Orderessay

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