Study On Special Corporations In Japan

As China's reform of State-owned Enterprises has made considerable progress, The target of reform turn to the natural monopoly industries today. Is it necessary to maintain the existence of the monopolistic State-owned Enterprises? Why they should quit after a long term existence? And how they can quit successfully? These are very important and very difficult problems faced by the theoreticians and the policy makers. Because that Japan has a economic system and institution arrangement similar with China in some aspects just like "Overtake model", "Government-oriented Economy", etc., So based on the analysis of the theory of natural monopoly and State-owned enterprises in the natural monopoly industries, this paper discussed the background, the operation, the development, the effects for economic growth of the Special Corporations in Japan, especially in the natural monopoly industries, and analyzed the reform of Japan's State-owned Enterprises in natural monopoly industries, especially Japanese National Railways, Nippon Telegraph and Telephone Public Corporation and Japan Post Public Corporation. At the end of this paper, the author summarized some implications for China's reform of State-owned Enterprises in natural monopoly industries based on an introduction of China's reform experiences in railway, telecom and post sectors.