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Cultural policy changes
Print Edition
The Ministry of Culture has published a couple of readjustments on policies regarding the cultural sector in the pilot free trade zone.
Foreign-funded art performance institutions will be allowed to set up in the zone, no matter whether they are Sino-foreign joint ventures, Sino-foreign cooperative firms or solely foreign-funded ones.
Foreign investors will also be allowed to invest in performance agencies.
The third major policy change is that foreign game machine manufacturers will be eligible to sell their products in China via their entities registered in the zone.
The new policies are applicable to investors from the Hong Kong and Macau special administrative regions and Taiwan, as well as those living abroad.
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