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	SUPPLEMENTARY PROVISION OF THE INTERIM PROVISIONS OF FOREIGN INVESTMENT IN CINEMAS (II)

	(Order of the State Administration of Radio, Film, and Television (No.51 [2006]), January 18, 2006: adopted by the State Administration of Radio, Film, and Television, the Ministry of Commerce and the Ministry of Culture of the People's Republic of China after discussion, and shall come into force as of February 20, 2006)


SUBJECT : FOREIGN INVESTMENT; CINEMA
ISSUING DEPARTMENT : THE STATE ADMINISTRATION OF RADIO, FILM, AND TELEVISION, MINISTRY OF COMMERCE, MINISTRY OF CULTURE OF THE PEOPLE'S REPUBLIC OF CHINA
ISSUE DATE : 01/18/2006
IMPLEMENT DATE : 02/20/2006
LENGTH : 277 words
TEXT :

With a view to promoting the establishment of close economic and trade partnership between Hong Kong, Macao and the Mainland, encouraging the service providers of Hong Kong and Macao to establish wholly-owned companies in the Mainland, and build new or restructure more cinemas at several places, and operating film projection business, we hereby make the following supplementary provisions to the Interim Provisions of Foreign Investment in Cinemas (Order No.21 of the State Administration of Radio, Film, and Television, the Ministry of Commerce, and the Ministry of Culture) in accordance with the Supplementary Agreement II to the Mainland/Hong Kong Closer Economic Partnership Arrangement and Supplementary Agreement II to the Mainland/Macao Closer Economic Partnership Arrangement:

I. From January 1, 2006, Hong Kong and Macao service providers will be allowed to establish wholly-owned companies in the Mainland, and build new or restructure more cinemas at several places to operate the film projection business.

II. The Hong Kong service providers and Macao service providers mentioned in the present Provisions shall comply with the definitions of "Service Providers" set forth in Mainland/Hong Kong Closer Economic Partnership Arrangement and Mainland/Macao Closer Economic Partnership Arrangement and the requirements of the relevant provisions.

III. Other provisions on the investment in cinemas in the Mainland by Hong Kong and Macao service providers shall still follow the Interim Provisions on Investment in Cinemas by Foreign Investors and the Supplementary Provisions to the Interim Provisions on Investment in Cinemas by Foreign Investors (Order No.49 of the State Administration of Radio, Film, and Television, the Ministry of Commerce, and the Ministry of Culture).

IV. The present Supplementary Provisions shall come into force as of February 20, 2006.