New Rules For Ad Companies, New Subway Lines in Beijing
Source: http://www.bizchina-update.com/content/view/1419/2/Posted on Friday, October 3rd, 2008 | In China
Contributed by: Biz China Update (http://www.bizchina-update.com) -
New Rules For Foreign Advertising Companies
Foreign advertising companies are now allowed to offer design,
production, publication and other types of advertising services for
Chinese and foreign clients, state media reports. However, a regulatory
approval is necessary. Joint ventures between Chinese and foreign ad
companies can now be approved as long as all investors are…
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As China continues to evolve into a global power, its economic structures are changing, new laws are being enacted and the government is seeking to re-channel the fruits of sustained growth from the eastern seaboard to the rest of this vast nation. Gateway cities, such as Beijing, Shanghai, Shenzhen and Guangzhou, now compete with cities across China for foreign and governmental investment.
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