IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 21 Jul 2015 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On 21 Jul 2015, the Ministry of Culture issued Notice No. 576 of 2015, canceling the 14 year-long ban on video game console production by foreign companies in China. 
 
On the basis of this Notice foreign companies can now produce and sell their video game consoles nationwide. However, companies should apply for the approval from culture departments on the provincial level, and the application process will take up to 20 days. Companies are also required to follow the content regulations from the Ministry of Culture to ensure their products are in line with the public interest.
 
The described intervention follows the successful example of a similar liberalization restricted to the Shanghai Free Trade Zone.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

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