China launches trial reform on Postal Sector
The State Post Bureau of China (SPB), the administrator of post industry in China, declared that the provincial post bureaus in China’s five provinces and cities Tianjin, Zhejiang, Shandong, Sichuan and Shaanxi would be divided into two parts since September 4.
The new State Post Bureau of China will perform its functions like drawing out laws and regulations, supervising and administrating the postal market. At the same time, the provincial postal companies will perform their functions as enterprises to operate the express, logistics business. Insiders said the move signaled China had taken the first step in the reform of the postal sector in this country.
The post bureaus in other provinces and cities will carry out the same reform plan in succession within this year, according to the state administrator of this sector.
