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China publications: Road to foreign market

07-28-2010 09:26 BJT

The report also shows that China's publication industry is actively exploring the foreign market. It's a move hoped to minimize China's long-term foreign trade deficit in the publication industry.

China exported around 9 million volumes of books, newspapers, and magazines in 2009. It was worth over 35 million US dollars. But it imported over 28 million volumes, which totaled more than 300 million US dollars.

Experts from the General Administration of Press and Publication say that although the trade deficit can't be ignored, it is definitely on the way down.

Fan Weiping, Official of GAPP said "For example, the ratio of China's export and import copyright trade volume has now expanded from one to 15 in 2002, to one to 3. It's a historical improvement."

Sources say the government is now working on a medium and long term development program, to boost China's publication industry.

The government will prop up the industry by providing more funds support while encouraging domestic enterprises to explore the overseas market.

Editor:Xiong Qu |Source: CNTV.CN

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