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As recently reported by Chinatechnews.com , the Chinese central government will finally be re-vamping their telecoms supervisory bureau, the Ministry of Information Industry (or MII), in the second quarter of this year. While preliminary indications are not very clear as to the exact changes regarding the bureau's governing jurisdiction over China's telecoms and internet markets, many of us following the TMT industry will surely be keeping a close watch on this development.
In recent years, China's outdated organization of its industry-specific regulatory bodies have resulted in confusion and power struggles concerning the issues of convergence in telecoms, media, internet, and banking industries in China. A prime example is the on-going battle between the MII and SARFT (State Administration of Radio, Film, and Television) regarding IPTV and DTV services in China, where telecoms and broadcast television converge. If the Chinese central government can clarify their stance and jurisdiction regarding these coverging industries, that would be great news for all those involved in developing the industry. Even so, we certainly won't be holding our collective breaths for the "new MII" to bring a resolution to these issues regarding industry convergence.
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