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 General office of the State Council issues two provisions on transforming cultural public institutions and supporting the development of cultural enterprises
Chinese
Category:Legislative Updates  
Keywords:Cultural system reform;Pilot program of equity incentive
Source:Pkulaw
Publish Date:04-17-2014
 


The General Office of the State Council recently issued the Notice on Issuing Two Provisions on Transforming For-Profit Cultural Public Institutions into Enterprises during Cultural System Reform and Further Supporting the Development of Cultural Enterprises. The Notice includes two provisions, mainly involving supporting policies in terms of fiscal taxation, investment and financing, asset management, land disposal, income distribution, social security, personnel resettlement and business administration.  

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