China's broadband costs should follow int'l practices

One of China's top telecommunication experts said, in a recent comment on the monopoly held by the country's two broadband access providers, that they need to get their prices in line with international standards and cut them by 30-50 percent annually.

Hou Ziqiang, a professor at the Chinese Academy of Sciences, said that, in view of the National Development and Reform Commission (NDRC)'s recent investigation into China Telecom and China Unicom's practices, the two companies need to get their prices closer to international standards.

The two broadband access providers have made allegedly monopolistic practices in their domestic broadband access.