China renders foreign enterprises rights on publication
(Xinhua)
Updated: 2006-09-14 14:34
BEIJING, September 14 (Xinhua) -- 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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