China to Loosen Control over Book Publishing

The Financial Times takes a look an expected changes in the Chinese publishing industry which will allow more room for private publishers to operate within the state-controlled system:

China Publishing Group, which had Rmb3.9bn in revenues last year, is a cornerstone of Beijing’s policy to keep publishing under state control while allowing private investors a limited, but legal, role.

“There will definitely be significant changes in our international operations,” Mr Nie said. “At least we can learn from some multinational publishers from developed countries, like Oxford University Press and Harper Collins … We will not just be there to propagate Chinese culture, but also to run a commercial business.”

Last year, the General Administration of Press and Publications, the regulator, promised to dilute the state publishing houses’ monopoly by allowing private companies to produce books for the first time in more than half a century.

Private publishers have long outperformed state rivals in spotting and producing best-selling manuscripts, but they operate in a legal grey area. Chinese law excludes them from publishing books, so they have to buy or rent International Standard Book Numbers from the state companies. Mr Nie said that he would seek to greatly expand this kind of partnership.

CDT EBOOKS

Subscribe to CDT

SUPPORT CDT

Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.