Private fund OK’ed for culture industry

From The China Daily:

The Chinese Government issued a policy yesterday in Beijing to guide private investments into sectors of the State-owned culture industry.

The policy, titled “State Council’s several decisions on guiding non-public capital into the cultural industry,” clearly defines the areas that private investors can access, including the performing arts, theaters, museums, exhibitions, Internet services, flash and online games, film manufacturing, cinemas, audio products’ distribution and so on.

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