price fluctuations in the power sector, nor sustained momentum for privatization. We conclude by comparing the power sector …

"Since the reform and opening-up in the late 1970s, Wenzhou City of China's Zhejiang Province has witnessed large … since China's reform and opening-up. It concludes that the most important characteristic of Wenzhou model is that the city … is the first to promote industrialization and urbanization by privatization and marketization in Zhejiang. As …