CCCME News
China grants telecom pricing autonomy
BEIJING - Chinese authorities freed up telecom fees and, from Saturday, all operators in the sector can make pricing decisions on their own.
The Ministry of Industry and Information Technology (MIIT) and the National Development and Reform Commission (NDRC) made the announcement in a circular on Friday.
Telecom companies can freely design service packages and price them based on consumer needs and market situations as long as the pricing abides by the law and regulations, according to the circular.
Companies are asked to make simple and clear descriptions of their service packages, including charges of each service and how subscribers will be charged. They are prohibited from exaggerating their services and misleading consumers, and they are encouraged to provide special offers to low-income subscribers.
China has three major telecom providers: China Mobile, China Unicom, and China Telecom and consumers frequently complain about poor service and high charges. In one typical case, mainland consumers were angered with China Mobile for offering much cheaper packages in Hong Kong, where competition is fierce.
Wen Ku, director of telecom development at the MIIT, said granting telecom companies pricing autonomy would increase competition and improve efficiency.
RECENT NEWS
-
Executives of Standard Bank Head Office Pays a Visit to CCCME
2025-03-25 -
CCCME President Zhang Yujing Attends the “Investment Promotion Conference of Hung Yen Province, Vietnam”
2025-03-24 -
CCCME Vice President Liu Chun Meets with the U.K. South Yorkshire Mayor Oliver Coppard
2025-03-24 -
China-France Business Council Exchange & Visit in Chongqing Successfully Held
2025-03-21 -
2025 Wuxi Electric Vehicle High-Quality Overseas Exploration Cooperation Signing Ceremony and Global Launch Ceremony of New Electric Vehicle Models Successfully Held
2025-03-20