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The authors examine the singularity of the Chinese experience in building up one of the world's largest telecommunications networks in a period of less than a decade by reviewing China's national industrial policies and institutional reforms within the industry. The reader will find in this volume in-depth analysis of the interplay between politicial and economic forces amidst the industry's structural overhaul and regulatory reforms. The accounts of industrial features and market conditions are enriched with up-to-date data, which are extremely useful for appreciating the development and prospects for this fast-growing market, set against the backdrop of China's accession to the WTO.