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We trace the development of the regulatory policy in China＇s telecommunication, electricity and public utilities. We find that different characteristics of industry result in different policy evolution processes, different reform strength and methods, which lead to different effects. Some industries have just established the competitive structure, and some others have already formed sufficient competition. Reasons for these differences among industries include： regulatory promise, technical progress and substitutive competition. According to the analysis, the foundation of the regulatory system and the coordination of the regulators＇ behavior can improve the industrial regulation in China. 相似文献