MIIT looking to improve competition in ‘unbalanced’ market

10 Nov 2015

Minister of Industry and Information Technology Miao Wei has described China’s telecoms market as ‘unbalanced’, although measures implemented over the last two years to increase competition are beginning to take effect, the official added. Responding to queries regarding how the ministry intends to meet government targets of lowering prices and improving data transfer rates for fixed and mobile connections, C114 quotes Mr Wei as saying that: ‘To solve the problem we should further encourage competition, which is the most effective way to make enterprises improve their services… We are trying hard to encourage the three major operators to establish a relatively balanced competitive landscape, which is currently unbalanced.’ The official noted that steps taken by the Ministry of Industry and Information Technology (MIIT) over the last two years, such as the licensing of 42 MVNOs have begun to have a ‘preliminary’ effect on the market.