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Chinese capital issues policy briefing for foreign ownership in value-added telecom services

( November 28, 2024, 02:06 GMT | Official Statement) -- MLex Summary: The Beijing Communications Administration has issued a policy briefing clarifying how foreign-invested enterprises registered in Beijing can apply to participate in the pilot program aimed at lifting foreign ownership restrictions in value-added telecom services, marking the official launch of the program. The clarifications include application requirements, application channels and required materials. Shanghai, Hainan Island and Shenzhen, other cities or provinces participating in the pilot, have also issued similar notices or guidelines.The statement follows:...

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