Mainland to open up telecoms market to local private sector

Beijing is fast-tracking the mainland's long-awaited telecommunications reforms under a plan that would let mainland private companies provide domestic mobile services.

The initiative could bode well for the reform-minded premier-in-waiting, Li Keqiang, as he pushes forward a policy that has made little progress since it was initiated in 2010.

Li, who will succeed Premier Wen Jiabao in March, has encouraged greater market competition in the country as a way to stimulate trade, boost consumption and create more jobs.

via Business feed http://www.scmp.com/business/china-business/article/1124110/mainland-open-telecoms-market-local-private-sector