Document No. 107 of MIIT Brings New Opportunities to FIE

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Click above｜Follow us On April 10, 2024, the Ministry of Industry and Information Technology (“ MIIT ”) issued the "Notice on Carrying Out the Pilot Work of Expanding the Opening of Value-Added Telecommunications Services to Foreign Investment" (MIIT Communication [2024] No. 107) (" the Notice "), which initiates the pilot work of expanding the opening of value-added telecommunications services in four pilot regions. The Notice aims to stimulate competition in the telecommunications market to promote service enhancement, optimize the foreign investment environment, and share the benefits of China's digital economy development with the world. The Notice brings new opportunities for foreign-funded enterprises to develop their businesses in China. I. Main Content of the Notice 1. Pilot Regions  The Notice will carry out the pilot program of value-added telecommunications services in the following four regions: 2. Pilot Open Services  The Notice opens up foreign shareholding restri ………………………………