Financial Times FT.com

China to dilute state publishing monopoly

By Kathrin Hille in Beijing

Published: April 7 2009 17:35 | Last updated: April 7 2009 17:35

China’s Communist government has 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.

The General Administration of Press and Publications, the industry regulator, said the government would “encourage and support non-public capital” and “make non-public publishers an important component” of the Chinese language book industry.

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