image
Advance Search      RSS
image
Register | Subscribe
Home
Nation World Business Science/Technology Photo Gallery Arts & Culture 2008 Olympics Health
Print Edition
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Business Category
Subscribe Now >>
Expert's View
World
Nation
Business
Finance
State of the Market
Legal-Ease
North American Report
Forum
Government Documents
Arts & Culture
Expat's Eye
Health
Science/Technology
The Good Life
Books
Movies
Backgrounders
2008 Olympics
Photo Gallery
Blogs
image
Reader's Service
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links
· China.org.cn
· Xinhua News Agency
· People's Daily
· China Daily
· China Radio International
· CCTV
· CHINAFRICA
Books Home> Books
UPDATED: December-16-2006 No9 MAR. 3, 2005
China's WTO Commitments

In the publication industry, China is committed to allowing foreign investment to enter retail and wholesale markets of newspapers, periodicals, and audio-video products :

During the first year of entry, foreign service providers can set up Sino-foreign joint book, newspaper and periodical retailing companies in the five special economic zones: Shenzhen (in Guangdong), Zhuhai (in Guangdong), Shantou (in Guangdong), Xiamen (in Fujian)and Hainan Province; as well as eight other cities: Beijing, Shanghai, Tianjin, Guangzhou (in Guangdong), Dalian (in Liaoning), Qingdao (in Shandong), Zhengzhou (in Henan) and Wuhan (in Hubei). In Beijing and Shanghai, the the number of retailing companies should be no more than four, and in other cities no more than two. Two of the retailing companies set up in Beijing are allowed to establish branches in the city.

During the second year, all provincial capitals including Chongqing Municipality and Ningbo City should be opened to foreign capital. Foreign capital should be allowed to control retailing companies.

During the third year, for the foreign companies doing book, newspaper and periodical retailing businesses, restrictions must be lifted in terms of location, quantity, stock ownership and the form of the company.

During the fifth year, joint ventures with more than 30 branches are not allowed to be controlled by foreign capital. With regard to the distribution services of audio-video products and entertainment software, on condition of not interfering in investigations conducted by Chinese regulatory agencies, foreign service providers are allowed to set up joint ventures with Chinese partners, participating in the distribution of the audio-video products and entertainment software.

In addition, China is also committed to carry out other duties prescribed in the Agreement on Trade-Related Aspects of Intellectual Property Rights.

Following China's WTO entry, many overseas media companies are seeking to have their correspondents stationed in China, and Chinese media are also enhancing their in-depth coverage of the global economy. As the Chinese Government hopes to push forward the industrialization of the culture industry, it is working hard to outperform its commitments to the WTO.



 
Top Story
- China, ASEAN Sign Trade Agreement
- Rosy Outlook for China-ASEAN Ties in 2007
- Deconstructing An Oil Monopoly
- Energy Jitters
- Why Is the Income Gap Widening?
Related Stories
- Europe vs. America in China
- China's Six Major Commitments to WTO in Respect of Agriculture
- Infertile Farms
- Great Expectations
- China and Doha
- A New Dawn for Doha?
 
More Books
- Bilingual Library of Chinese Classics
- Parents Concerned Over Love Magazines' Popularity Among Teenagers
- Book Stores Attract Holiday Shoppers
- China to publish works of Agatha Christie
- Becoming a Believer
- The Bible and China
Most Popular
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved