ANNOUNCEMENT 14 Dec 2015

December 14th, 2015 - The Chinese government published a catalogue of firms designated as model exporters of cultural goods.

NUMBER OF INTERVENTIONS

2

  • 0 harmful
  • 2 neutral
  • 0 liberalising

SOURCE

PRC Ministry of Commerce, December 14th, 2015. (关于公示2015-2016年度国家文化出口重点企业和重点项目名单的通知)
http://fms.mofcom.gov.cn/article/jingjidongtai/201512/20151201209425.shtml

Inception date: 01 Jan 2015 | Removal date: 31 Dec 2016

State loan

In December 2015, the Chinese Ministry of Commerce released a catalogue of firms designated as key exporters of cultural goods for the year 2015-16.

Such firms will be the targets for several preferential schemes, please see related acts for more information.

Overall, the catalogue was slightly less extensive than the previous one. The number of included firms stayed roughly the same (-13 for 353 total, with +132 new inclusions), whereas the total number of projects shrank (+226 for 140 total, all new inclusions).

The empirical change in terms of support cannot be ascertained, as the size of the pertinent firms and projects (and thus how much support they received) is not mentioned, hence the amber classification of this intervention.

Criteria for eligibility were released in a 2007 announcement (which was updated slightly in 2012) - examples include foreign TV channels broadcasting content about Chinese culture localised to the broadcast region, foreign publishers of Chinese books, news services, production of a particular piece of 'cultural' good (art, film, televsion, etc.) destined for export, that portray China in a positive light, et cetera.

The scheme was started in 2007, with a new catalogue released every two years.

Please refer to the original announcement for specific names of firms and projects (mostly in Chinese).

*PRC Ministry of Commerce; Central Propaganda Department; Ministry of Finance; Ministry of Culture; State Administration of Press, Publication, Radio, Film and Television

 

AFFECTED PRODUCTS

 
N/A
Inception date: 01 Jan 2015 | Removal date: 31 Dec 2016

Other export incentive

In addition to the financial assistance described in the other intervention, the Chinese Cultural Export Catalogues also announce firms that are eligible for various other instruments to grease the financial wheels of their operations.

This includes provision of increased credit channels to such firms, favourable provision of loans, financial and fiscal advisory, etc.

Please see related acts for a detailed description of these instruments.

This is classified as amber due to the difficulty in reliable comparison between catalogues mentioned in the other intervention text.

 
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