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China to Set up Postal Savings Bank.

Asia Africa Intelligence Wire

| September 13, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From SinoCast China Business Daily News)

BEIJING, September 14, SinoCast -- The State Postal Bureau has announced the plan for implementation of the reform scheme for the nation's postal system.

Director of the State Postal Bureau Mr. Liu Andong concluded the core contents of the reform scheme are as follows: separating the governmental functions from enterprise management; reforming principal postal businesses and postal savings; establishing the universal …

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