Abstract
Our government gradually implemented the privatization reform in the field of public services in the early 1990s, although the time is relatively short, but it can not be denied that the reform has shown us the effect of a new way of government governance. We cannot deny the benefits brought by the privatization of public services, but in the process of implementation, there are still some problems in the transformation of the government's functions, and in terms of regulation, the government needs to think from a holistic perspective and recognize the shortcomings of the current system. This paper focuses on the government's regulatory role in the privatization of public services, looks for loopholes in the regulatory system and the causes of various problems, and makes recommendations.
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