China opens publication distribution, printing areas
(Xinhua)
Updated: 2006-09-14 14:32
A Chinese official on Thursday said China has met its commitment to the World
Trade Organization (WTO) to open its publication distribution and printing
sectors to foreign enterprises.
Liu Binjie, vice director of the State
Press and Publication Administration said although the Chinese government
prohibits foreign enterprises from being the sole publisher of their own books
in China, the distribution of approved books and publications is fully open to
foreign and domestic enterprises in China.
He said the Chinese
government has ratified 38 overseas-invested publication distribution
enterprises to operate in China and 14 of them are entitled to wholesale
distribution rights.
"Enterprises with exclusive ownership, joint
venture and share holder enterprises are all allowed to operate in the
publication and distribution sector, " said Liu.
He also said the
Chinese government has currently approved more than 2,000 printing enterprises
with exclusive foreign ownership or jointly invested by overseas and domestic
capital to run businesses in China.
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