CHANG’s presentation

Introduction

• The reason of selecting the topic
• Comprehensive approach towards the topic
• Hypothesis, research questions, objections
• Methodology

Background Information

• The current structure of subsidization
• Regulating agencies, subjects of regulations
• Regulations on subsidies itself
• Regulations on marketing expenditures overall
• Timelines and practices of regulations

Main analysis

• Economic aspects
• Financial aspects
• Legal aspects
• Administrative aspects

Conclusions & policy uggestions

• Lack of consideration for consumers’ welfare
• Subsidies vs. monthly payment discount
• Banning subsidizing does not means better consumer welfare
• Minimum level of regulation on subsidies and monthly charge
• More intuitive pricing & subsidizing scheme
• Reconstruction of affiliated