China to Split Postal Authority, Create Commercial Unit

China to Split Post Authority, Create Commercial Unit China will split China Post, its postal authority, into two parts in a bid to separate enterprises from government administration, according to wire service reports.

Under a plan submitted by the State Post Bureau (SPB) to the State Council, or the Chinese cabinet, China Post will be broken into the China Post Group and the Post Administration.

The China Post Group will exercise the commercial function of SPB and the Post Administration will supervise China’s post business and enterprises and draft related rules, regulations and standards.