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Digital publishing base finds home in Shanghai
Last Updated(Beijing Time):2008-07-17 11:51
China's first national digital publishing base opened in Shanghai's Zhangjiang High-Tech Park Wednesday.

The venture is a cooperation between the General Administration of Press and Publication of China and the municipal government.

Officials said they plan to build up well-known brands of digital publications at the Zhangjiang National Digital Publishing Base.

The center aims to own intellectual property for digital publications and attract the world's most advanced technology.

Digital publishing covers database services, online education platforms, electronic books, network games and online music download services.

Since Zhangjiang has already attracted many digital and information technology companies, it was the ideal base to help foster development of the new industry in China, according to Jiao Yang, director of the Shanghai Press and Publication Bureau.

Major press groups such as Shanghai Century Publication Co, Wenhui-Xinmin United Press Group and Shanghai Print Group will soon enter the base. Hong Kong Star Group Co, listed in Hong Kong, will move its headquarters, innovation and design departments there.

Pudong New Area Government will appropriate 50 million yuan (US$7.34 million) a year from 2008 to 2011 to support construction and development of the base.

Preferential policies on tax and finance will be offered to companies settling in the base.

Source:Shanghai Daily 
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