China to Open its Entertainment Industry to Taiwanese

From Bloomberg:

China’s government plans to allow Taiwanese to set up and run entertainment businesses on the mainland, an official said at talks between the two sides.

China is seeking to boost Taiwan’s entertainment industry by allowing greater access to the mainland market, the official Xinhua News Agency cited Minister for Culture Cai Wu as saying yesterday.

Taiwan’s cultural sectors, including broadcasting, news publishing and music, could take advantage of better cross- Strait links amid a slowing domestic market, Wu Poh-hsiung, chairman of Taiwan’s ruling Kuomintang party, said earlier.

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