Beijing Business Today, 1/24/11
The founding of China Broadcasting Television Network Company, which is intended to be a national-level participant in regulating network convergence and the upgrading and conversion of the national cable TV network, has encountered difficulties as initial proposals towards establishing the company have failed to gain approval from the relevant regulatory bodies. The proposals are currently undergoing revisions in preparation for resubmission.
According to a source close to the matter, the official establishment of the company will most likely have to wait until after the upcoming meetings of the Ninth National Committee of the Chinese People's Political Consultative Conference (CPPCC) and the National People's Congress (NPC) have concluded in the latter half of March.
Editor's Note: For more background on this topic, please see "SARFT Reveals National Cable TV Company Name" MD 8/23/10 issue.