Financial Times FT.com

Beijing backs media listings

By Mure Dickie in Beijing

Published: October 18 2007 22:04 | Last updated: October 18 2007 22:04

China has fully opened the way for local newspapers, publishing groups and even government and Communist party news websites to issue shares on domestic and overseas exchanges, according to the industry’s top regulator.

In an interview with the FT, Liu Binjie, head of the General Administration of Press and Publication, said Beijing was backing listings by a raft of publishers and newspapers as part of its broad reform of the industry.

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