Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
CLASS

Beijing encourages foreigners to invest in Vpn

August 19, 2019


Abstract :  Investments will be possible within special economic zones. A 50% ceiling on quotas in foreign hands is expected. 

MILAN, Aug 16 (Class Editori) - The city of Beijing is ready to allow foreign investments in vpn services. The program announced by the department of commerce of the municipality provides that investments, from the end of next year, will be possible within special economic zones. The ownership will still have to be 50% shared with a local partner.

The operation is designed to attract foreign telecommunications companies, so as to be able to provide companies with services to circumvent internet access restrictions, bypassing the so-called Great Firewall. Currently, as the South China Morning Post recalls, 135 out of the top 1,000 global sites are not accessible in China unless you use a vpn (virtual private network). These include Google, Facebook, Twitter, Youtube.

In past years, the administration has repeatedly tried to sanction the offer of services which allows to circumvent navigation restrictions. However, there have been more open experiments. Last year, for example, the island of Hainan undertook to grant free navigation for foreign tourists. However, the experiment failed after a few days.

The Beijing experimentation is also a response to the demands of the business world for a free internet access. In the first half of the year, the growth of the metropolis slowed to 6.3%, while tax revenues decreased by 2.5%.

The project also aims to encourage foreign investments in video games and in audio and video software, although related to compliance with data security standa

(Source:Class Editori)

Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.


Scan the QR code and push it to your mobile phone

Keyword: Beijing

Reading:

Leading Internet enterprises become accelerator of China's digital economy dev.

China's power use up 4.6 pct in first seven months

N.China's Alxa League to hold autocross festival in Oct.

China insurers report 5.56pct of annualized financial investment return in H1

N China's Tianjin join hands with State Grid to promote smart grid construction

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial