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Opinions on Encouraging and Guiding Private Capital to Further Enter the Telecommunications Industry

2012-06-27   • Industry News  |   1303  |  

In order to implement the spirit of "Several Opinions of the State Council on Encouraging and Guiding the Healthy Development of Non-Governmental Investors" (Guo Fa [2010] No. 13), "Encourage private capital to participate in telecom construction; Encourage non-governmental capital to enter the basic telecom operation market by equity participation; Capital to carry out value-added telecommunications services to strengthen the regulation of monopoly and unfair competition in the field of telecommunications, promote fair competition and promote resource sharing "requirements, the Ministry of Industry and Information Technology June 27 released" on encouraging and guiding private capital to further enter Opinions of the Telecommunication Industry "(hereinafter referred to as" Implementation Opinions ").

The Opinions on Implementation put forward the guiding ideology of encouraging and guiding private capital to further enter the telecommunications industry. Encourage private capital to further enter the telecommunications industry according to law. Guide private capital to enter the telecommunications industry through various means and actively broaden the investment channels and scope of participation of private capital. We will speed up the construction of telecommunication legal system, adhere to administration according to law, and create a favorable environment for private capital to participate in the competition in the telecommunications industry.

The Implementation Opinions put forward eight key areas of "encouraging" private capital to further enter the telecommunications industry, namely, encouraging non-governmental capital to carry out pilot projects on resale of mobile communications; encouraging non-governmental capital to conduct trial of access network services and customer premises network services; encouraging private Capital to carry out web hosting business; Encourage non-governmental capital to carry out value-added telecommunications business; Encourage eligible private enterprises to apply for communications engineering design, construction, supervision, information network system integration, user pipeline construction and communications construction project bidding agencies and other enterprise qualification; Encourage private Capital participation in the investment, construction and operation and maintenance of infrastructure such as base stations, communications towers and other infrastructure; Encourage non-governmental capital to enter the basic telecom operation market by equity participation; Encourage private telecom enterprises to "go global" and actively participate in international competition.

The "Opinions on Implementation" also put forward the safeguard measures for private capital to enter the telecommunications industry from the aspects of legal system construction, strengthening supervision, improving services, creating "going global" environment, and strengthening guidance and supervision.
The Opinions on Implementation emphasized that it is necessary to strengthen guidance and supervision, urge telecommunications companies to abide by the relevant laws and regulations in the telecommunications industry, guide private telecommunications enterprises in improving their internal rules and regulations, improve their own quality and ability, conduct business in accordance with the law, be honest and trustworthy, and actively fulfill their corporate social responsibilities.

From: Communications Development Division

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