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An Empirical Study on China' s Regulatory System Reform in Natural Monopoly Industries

QI Yu-don

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Abstract

The reform of traditional natural monopoly industries is one of nodus in the process of China' s road to market economy. Based on recent developments of natural monopoly theory and the reality of China, the paper points out several defects of China' s natural monopoly industries, the issue of regulatory system especially. Hereafter, the paper brings forward the further reform plan of China' s regulatory system, and some policies related to future reform are discussed.

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What this paper is about

The reform of traditional natural monopoly industries is one of nodus in the process of China' s road to market economy. Based on recent developments of natural monopoly theory and the reality of China, the paper points out several defects of China' s natural monopoly industries, the issue of regulatory system especially. Hereafter, the paper brings forward the further reform plan of China' s regulatory system, and some policies related to future reform are discussed.

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Available abstract

The reform of traditional natural monopoly industries is one of nodus in the process of China' s road to market economy. Based on recent developments of natural monopoly theory and the reality of China, the paper points out several defects of China' s natural monopoly industries, the issue of regulatory system especially. Hereafter, the paper brings forward the further reform plan of China' s regulatory system, and some policies related to future reform are discussed.

Key concepts: Natural monopoly, China, Monopoly, Economics, Natural (archaeology), Plan (archaeology), Market economy, Process (computing)

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