Research On Japan Postal Service Industry Marketization

In these days, the post service industry marketization reform in China has been plunged into dire suffering; the increasing complexity and difficulty of the reformation has become a daily issue and the task for reformation has become huge.Nevertheless, standing unswervingly constancy on the reformation is a necessity for China, without any other option. The marketization reform of postal service industry in Japan and China haven have been experienced the same hard and long process,which reveals not only the fierce marketing gaming of different related parties, but also the complexity and characteristic of postal service industry, especially with the enlarged business scale of postal service industry of Japan and China – not only involving postal courier but also financial fields such as postal savings and postal insurance, which creates the marketization huger difficulty and heavier task. Japan has gone ahead of China in above mentioned fields, the achievement and remaining programs of which would give some helpful instruction for China's marketization reform on its postal service industry.Two research methods are applied in this thesis :(1), Comparative research methods. With a focus study in Japan case, especially elaborating and analyzing on its motives facing international environment on the progress, achievement and experience of the postal service marketization from countries of Europe, America and Australia, the thesis achieves on more suggestive instructions on China postal service industry marketization through comparison on cases of different countries.(2),Deductive inductive method. With a briefing on natural monopoly theory,effective competition theory, and government regulation theory, the thesis concludes the instructive meaning for postal service industry marketization; With a detailed elaborating and analyzing of the process, motives, path and achievement of Japanpostal service industry, the thesis comes out with experience and lessons that conclude some instructions on improving China postal service industry marketization.Apart from the introduction, the thesis includes 6 chapters. The content of each chapter is briefed as below: Chapter 2 : General introduction on related theories for postal service industry marketization. With some briefing on natural monopoly theory, effective competition theory and government regulation theory, the thesis concludes the instructive meaning for postal service marketization; Chapter 3 : The development and features of Japan postal service industry. With a briefing of the privatization reform in time sequence on the “3 units” that was carried out by Japan government since beginning of 21 st Century – postal service, postal savings and postal insurance, this chapter concludes 2 features of Japan postal service industry:firstly it is the most powerful reform of investment and financing system in Japan after the War; secondly it is the most powerful financial institution reform in Japan even in the world scale. Chapter 4 : A deep analysis on the domestic and international motives of Japan postal service industry marketization. Chapter 5 : A analysis on the path of Japan postal service industry marketization. There are two aspects on actualization of its path : firstly is the strong push of People's Party; secondly is the experiment and practice adopted to achieve the survival and development of Japan postal service industry. Chapter 6 : The effect analysis of Japan postal service industry marketization. 3 companies under Japan Post group go public; The government ownership turns from 100% to majority shares and many new domestic and international shareholders appear. The marketization of Japan postal service industry has welcomed its new era. The Japan Post Group has carried out many measure and achieved certain level of development, but some difficult subjects still remain unsolved. Chapeter 7 : Instruction on China postal service industry marketization from Japan case. Japan has gone ahead of China in the postal service industry marketization though China also did its progress; Japan thus offers some helpful instruction for China's marketization reform on its fields.Based on the practice of Japan postal service industry marketization, threeinstructions could be concluded into 3 points:(1) Postal service industry as a public industry, how to balance its publicity and efficiency has become a big subject in front of all countries including Japan and China;(2) How to secure the national security in the processing of postal service industry marketization under the big environment of economy globalization, has become another issue in front of all countries. Especially for Japan and China, these countries who integrates business of postal service, postal savings and postal insurance under the same postal group, how to construct a firewall while keeping an open policy to outsiders? How to provide value-worth-money service to national public without harming national interest? The above concerns were why the postal service industry marketization was shelved when he Democratic Party of Japan was in power; It takes great caution when public service business goes on public on stock market.(3) Going on public market did not solve the many problems that Japan Post had faced in quite a long term, instead, made the problems tougher.How to ensure the power concentration of the group and the shareholder interest of the 3 companies at the same time? It was a problem when 3 companies( including 1mother company and 2 subsidiaries) under Japan Post went public at the same time;To maximize the shareholder interest was a must after all companies went public as the huge commission fee that 2 financial subsidiaries submit to Japan Post would definitely become top concern of the big shareholders. How to improve the profitability is still the biggest challenge that Japan Post and its 3 subsidiaries face.However, it has become inevitable fact though it got few supporting opinion at the beginning of marketization process regarding listing the 3 companies under Japan Post on stock market. How to turn the risk into opportunity ? Japan government and Japan Post should construct a new operation module that balance publicity and efficiency, in order to not only obtain the understanding and support of national citizens but also actualize the long-term stable development of postal service industry.This thesis is going to raise 3 suggestion as below regarding China postal service industry marketization:(1) Deepen organization mechanism reform;(2) Collaborative development between postal financing and postal courier;(3) Strengthen corporatemanagement, improve staff quality and improve corporate core competition. The thesis is trying to achieve its creativity in 2 points as below :(1), As there is not yet any systematic research on Japan postal service industry marketization reform,therefore, it has its creativity on material collection, opinion conclusion and research prospective, which reveals on collecting the most updated information about Japan postal service industry marketization reform; the analysis on the development, current status, achievement, experience, problems that came up in Japan postal service marketization; On top of above, systematic research on the necessity and mechanism design of China postal service industry marketization is processed, which provides useful reference for China postal service industry marketization practice.(2), To find theoretical support for postal service industry marketization? The thesis has briefing on natural monopoly theory, effective competition theory and government regulation theory, and makes some trial elaborating the constructive meaning of above mentioned theories on guiding China postal service industry marketization reform.