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 DEVELOPMENT OF CHINA'S INDUSTRY |
| In 2006 the performance of Chinese publishing industry, which dates from the ancient times and experiences modern development, was not only inspiring, also upsetting. Whatever it is, in the past year Chinese publishing industry has been ardently developing and enriching based on which Chinese publishing industry is prospering and developing. |
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| STATUS OF FOREIGN INVESTMENT |
| According to the statistics released by Ministry of Commerce, in 2006 there was 1 project using foreign investment in publishing industry, down 50% under the same period of the previous year. The actually used foreign capital amount was 3.04 million USD, up 382.54% over the previous year. |
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| COMMITMENTS TO THE WTO AND INTERNATIONAL PRACTICES |
| As China has not committed itself to open its publishing industry, there is no timetable when foreign companies are allowed to become partners of Chinese publishing houses or to run magazines and newspapers. |
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| DEVELOPMENT OF GLOBAL INDUSTRIES |
| According to Nielsen Book Scan, in 2006 the total British book consumption was 1695 million pounds, up 3% over 2005; 225 million copies were sold, a growth of 4% compared with 2005. According to a report of Book Market Limited (BML), the British total book consumption reached 2314 million pounds |
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