ANNOUNCEMENT 01 Feb 2009In February 2009, the government of China announced changed rules for foreign investors.
NUMBER OF INTERVENTIONS
Government of China, Decision on Abolishing some Regulations and Directives on Radio, Film and TV: http://www.gov.cn/flfg/2009-02/19/content_1235795.htm
In February 2009, the Chinese government decided to abolish the "Provisional Measures Governing Chinese-Foreign Joint Equity or Cooperative Radio and TV Program Production Enterprises".
The above measure prohibited foreign companies from establishing wholly owned radio/TV program production and management companies. It should however be mentioned that the "Listing of Industrial Indicators for Foreign Trade Investment (2007)" contains a similar provision and is still in force.