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Choose the type of business you want to invest in and find out more about the requirements in place for foreign investment access and Beijing's preferential policies

News Organizations (including but not limited to news agencies)

The editing, publication, and production of books, newspapers, periodicals, audio-video products, and electronic publications

All levels of radio stations, television stations, radio and television channels (frequencies), and radio and television transmission coverage networks

Radio and television program production and operation (including introduction) enterprises

Movie production companies, distribution companies, cinema operators, and movie import business

Auction companies engaging in cultural relic auctions, cultural artifact stores, and state-owned museums that house cultural relics

Art performance groups

Other services

Typically, when investing in news organizations in China:

Investment in news organizations (including but not limited to news agencies) shall be prohibited.
  1. Investment is prohibited

When investing in news organizations in China's free trade pilot zones:

Investment in news organizations (including but not limited to news agencies) shall be prohibited. (The establishment of permanent office(s) in China and the dispatch of resident correspondents to China by foreign media organizations shall be approved by the Chinese Government. Provision of news services by foreign news agencies in China shall be reviewed and approved by the Chinese government. Business cooperation between Chinese and foreign media organizations shall be led by the Chinese party and approved by the Chinese government.)
  1. The establishment of permanent office(s) in China and the dispatch of resident correspondents to China by foreign news organizations shall be approved by the Chinese Government.
  2. The business of providing news services by foreign news agencies in China shall be reviewed and approved by the Chinese government.
  3. Business cooperation between Chinese and foreign news organizations must be led by the Chinese party and approved by the Chinese government.

Typically, when investing in the editing, publication, and production of books, newspapers, periodicals, audio-video products, and electronic publications in China

Investment in the editing, publication, and production of books, newspapers, periodicals, audio-video products, and electronic publications shall be prohibited.
  1. Investment is prohibited

When investing in the editing, publication, and production of books, newspapers, periodicals, audio-video products, and electronic publications in China's free trade pilot zones:

Investment in the editing, publication, and production of books, newspapers, periodicals, audio-video products, and electronic publications shall be prohibited. (However, subject to the approval of the Chinese government, and provided that the Chinese cooperative party holds the operating dominance rights and the right to the final review of content, and that the parties also satisfy all other conditions as approved by the Chinese government, the Chinese and foreign publishers may engage in news publishing projects jointly. The provision of financial information services in China without the approval of the Chinese government shall be prohibited.)
  1. Subject to the approval of the Chinese Government, and provided that the Chinese cooperative party holds the operating dominance rights and the right to the final review of content, and that the parties also satisfy all other conditions as approved by the Chinese government, the Chinese and foreign publishers may engage in news publishing projects jointly.
  2. Financial information services can be provided in China with the approval of the Chinese government.

Beijing’s access policies are even more preferential:

Foreign investment in the production of audio-visual products shall be allowed (and limited to cooperation within the Beijing National Music Industry Park, the China Beijing Publishing and Creative Industry Park, and the Beijing National Digital Publishing Base. The Chinese party shall holds the operating dominance rights and the right to final content review.)

Typically, when investing in the provision of radio and television video on-demand services and the installation of satellite television broadcast ground receiving facilities in China:

Investment in the establishment and operation of all levels of radio stations, television stations, radio and television channels (frequencies), and radio and television transmission coverage networks (including transmitters, relay stations, radio and television satellites, satellite up-link stations, satellite transmission stations, microwave relay stations, monitoring stations, as well as cable radio and television transmission coverage networks) shall be prohibited. The provision of radio and television video on-demand services and the installation of satellite television broadcast ground receiving facilities shall be prohibited.
  1. Investment is prohibited

When investing in all levels of radio stations, television stations, radio and television channels (frequencies), and radio and television transmission coverage networks in China's free trade pilot zones:

Investment in the establishment and operation of all levels of radio stations, television stations, radio and television channels (frequencies), and radio and television transmission coverage networks (including transmitters, relay stations, radio and television satellites, satellite up-link stations, satellite transmission stations, microwave relay stations, monitoring stations, as well as cable radio and television transmission coverage networks) shall be prohibited. The provision of radio and television video on-demand services and the installation of satellite television broadcast ground receiving facilities shall be prohibited. (Landing of overseas satellite channels shall be subject to examination and approval.)
  1. Upon approval, overseas satellite channels shall be granted landing rights.

Typically, when investing in radio and television program production and operation (including introduction) enterprises in China:

Investment in radio and television program production and operation (including imported business) enterprises shall be prohibited.
  1. Investment is prohibited

When investing in radio and television program production and operation (including imported business) enterprises in China's pilot free trade zones:

Investment in radio and television program production and operation (including imported business) enterprises shall be prohibited. ( The imported foreign movies, TV series, and other foreign television programs imported via satellite transmission shall be reported to organizations designated by the National Radio and Television Administration. A licensing system shall be applied to TV series (including animated programming) produced through Chinese-foreign cooperation.)
  1. The imported foreign movies, TV series, and other foreign television programs imported via satellite transmission shall be reported to organizations designated by the National Radio and Television Administration.
  2. A licensing system shall be applied to TV series (including TV cartoons) produced through Chinese-foreign cooperation.

Typically, when investing in movie production companies, distribution companies, cinema operators, and movie import business in China:

Investment in movie production companies, distribution companies, cinema operators, and movie import business, shall be prohibited.
  1. Investment is prohibited

When investing in movie production companies, distribution companies, cinema operators, and movie import business in China's pilot free trade zones:

Investment in movie production companies, distribution companies, cinema operators, and movie import business, shall be prohibited. (However, upon approval, foreign enterprises may be allowed to produce movies jointly with Chinese enterprises.)
  1. Upon approval, foreign enterprises may be allowed to produce movies jointly with Chinese enterprises.

Typically, when investing in auction companies engaging in cultural relic auctions, cultural artifact stores, and state-owned museums that house cultural relics in China:

Investment in auction companies engaging in cultural relic auctions, cultural artifact stores, and state-owned museums that house cultural relics shall be prohibited.
  1. Investment is prohibited

When investing in auction companies engaging in cultural relic auctions, cultural artifact stores, and state-owned museums that house cultural relics in China's pilot free trade zones:

Investment in auction companies engaging in cultural relic auctions, cultural artifact stores, and state-owned museums that house cultural relics shall be prohibited. (Immovable cultural relics and cultural relics that may not be removed from the country may not be transferred, mortgaged or leased to foreigners. The establishment and operation of organizations involved in the investigation of intangible cultural heritage shall be prohibited. Research into intangible cultural heritage, as well as archaeological investigation, exploration, and excavation carried out in China by overseas organizations or individuals may only occur by means of cooperation with Chinese organizations and shall be subject to special examination, approval, and licensing.)
  1. Research into intangible cultural heritage, as well as archaeological investigation, exploration, and excavation carried out in China by overseas organizations or individuals may only occur by means of cooperation with Chinese organizations and shall be subject to special examination, approval, and licensing.

Typically, when investing in art performance troupes in China:

Investment in art performance troupes shall be prohibited.
  1. Investment is prohibited

When investing in art performance troupes in China's free trade pilot zones :

Performing arts troupes must be controlled by the Chinese party.
  1. Controlled by the Chinese party

Beijing’s access policies are even more preferential:

Foreign investment in art performance troupes is allowed (with the Chinese party holding the controlling stake) in the Tongzhou Cultural Tourism Zone

Typically, when investing in other businesses in culture, sports and entertainment in China:

In the negative list, there are no special requirements upon other businesses in culture, sports and entertainment.

Beijing’s access policies are more preferential:

Beijing selects specific areas where the cultural and recreational industries gather, and allows foreign investment in the establishment of entertainment venues, without investment proportion restrictions.
Beijing selects specific areas where the cultural and recreational industries gather to allow foreign investment in the establishment of performance venue operating institutions, without investment proportion restrictions.
Beijing selects specific areas where the cultural and recreational industries gather, and allows the establishment of wholly foreign-owned performance brokerage agencies to provide services nationwide.
The time limit for reviewing and approving applications from foreign-invested companies seeking to operate a travel agency has been adjusted to 15 working days from the date of accepting the application.
Qualified foreign-invested travel agencies established in Beijing shall be allowed to engage in outbound tourism to destinations other than Taiwan .