资讯详情
China allows foreign investors to open entertainment venues
BEIJING, June 1 (Xinhua) -- China has permitted foreign investors to open entertainment venues on the Chinese mainland, removing restrictions on the proportion of foreign investment, said a recent circular released by the Ministry of Culture and Tourism.
To set up an entertainment venue, foreign investors shall submit an application to provincial-level administrative departments of culture and tourism, said the circular.
Application documents and conditions for establishment and procedure are consistent with those for domestic investors, it added.
