China Unveils Plan to Open Service Sector, Boosting Telecom, Data, and Gaming
China’s State Council Information Office announced a new Work Plan designed to expand the opening-up of the country's service sector. During a press conference, Ling Ji, Vice Minister of Commerce, outlined key pilot measures aimed at liberalizing specific industries. In the telecommunications sector, the plan includes removing foreign ownership restrictions for app store and internet access services. The initiative also targets the data industry by encouraging the development of data labeling, improving the data trading market system, and fostering new business models like data outsourcing processing. Furthermore, the government intends to support the global expansion of China’s gaming industry. This support covers the entire value chain, ranging from intellectual property creation and game development to publishing and overseas operations. The announcement signals a strategic move to integrate these high-growth sectors more deeply into the global market while stimulating domestic economic activity through regulatory adjustments and targeted industry support.
Wire timeline
China Unveils Plan to Open Service Sector, Boosting Telecom, Data, and Gaming
China’s State Council Information Office announced a new Work Plan designed to expand the opening-up of the country's service sector. During a press conference, Ling Ji, Vice Minister of Commerce, outlined key pilot measures aimed at liberalizing specific industries. In the telecommunications sector, the plan includes removing foreign ownership restrictions for app store and internet access services. The initiative also targets the data industry by encouraging the development of data labeling, improving the data trading market system, and fostering new business models like data outsourcing processing. Furthermore, the government intends to support the global expansion of China’s gaming industry. This support covers the entire value chain, ranging from intellectual property creation and game development to publishing and overseas operations. The announcement signals a strategic move to integrate these high-growth sectors more deeply into the global market while stimulating domestic economic activity through regulatory adjustments and targeted industry support.
TechNode