14 November 2024
On 14 November 2024, the Guangzhou Municipal Haizhu District Copyright Bureau (“the authorities”) issued the “Notice of Issuing Several Measures for Promoting the Innovation and Development of Copyright in Guangzhou Municipal Haizhu District”” (“the Measures”). The Measures actively encourage the establishment of new copyright enterprises. For newly established copyright enterprises with the first full accounting year revenue reaching RMB 10 million and RMB 30 million, shall be rewarded up to RMB 50,000 and RMB 100,000 respectively. These Measures shall be valid for 3 years.