Opinions concerning the Implementation of Standardized Funding Activities in the Press and Publications Sector

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XCB No. (2002)715

All provincial, autonomous region and municipal press and publications bureaus, General Political Department Press and Publications Bureau, the Xinjiang Production-Construction Corps Press and Publications Bureau”

In order to implement the spirit of the document “Central Committee Secretariat and State Council Secretariat Notice Concerning Transmitting the ‘Central Propaganda Department, SARFT, and General Administration of Press and Publications Some Opinions concerning Deepening Press, Publications, Radio, Film and Television Sector Reform’” (GBF No. (2001)17), realistically strengthening the standardization and guidance of funding activities in the press and publications sector, the following concrete implementation opinions are put forward:

1, With the approval of the Central Propaganda Department and the General Administration of Press and Publications, trial newspaper groups, publishing groups, periodical groups and audiovisual and electronic publishing groups’ editing and publishing business may be funded by the nationwide press and publications system in the cooperative method.

2, With the agreement of provincial, autonomous region or municipal press and publications management departments and reporting to the General Administration of Press and Publications, trial groups may attract funds from State-owned enterprise and undertaking work units through the method of programme cooperation. The investing side may not intervene in editorial matters, and the attracted funds are strictly limited to use within the approved programme scope.

3, With the approval of the General Administration of Press and Publications, commercial departments in trial groups (referring to book, newspaper and periodical, audiovisual and electronic publications printing, distribution and other business departments), may establish limited liability companies or shareholding limited companies on the principle of abiding by modern enterprise systems, and attract funds from State-owned enterprise and undertaking work units, the groups’ State-owned capital shall not be lower than 51% of shares.

4, With the approval of the Central Propaganda Department and the General Administration of Press and Publications, trial distribution groups may establish limited liability companies or shareholding limited companies on the principle of abiding by modern enterprise systems, and attract State-owned funds and non-State owned and foreign funds,  the groups’ State-owned capital shall not be lower than 51% of shares. When the conditions of shareholding limited companies established by distribution groups are mature, with approval of the Central Propaganda Department and the General Administration of Press and Publications, they may apply to go on the market, to distribute shares and raise capital.

5, With the approval of the General Administration of Press and Publications, printing groups may establish limited liability companies or shareholding limited companies on the principle of abiding by modern enterprise systems, and attract State-owned funds and non-State owned and foreign funds, with the group’s State-owned capital to control shares. When the conditions of shareholding limited companies established by printing groups are mature, they may apply to go on the market, to distribute shares and raise capital.

6, Intensively-developing trial work units approved by the General Administration of Press and Publications may conduct funding according to the above provisions.

7, When establishing limited liability companies or shareholding limited companies, all groups must earnestly do asset appraisal work well, realistically guarantee the rights and interests of the State according to relevant State regulations, it is strictly prohibited to sell at low price or distribute State assets free of charge to individuals using methods such as contracting, shareholding, etc.

8, Other press and publications work units are to implement the present regulations without exception.

中华人民共和国新闻出版总署关于规范新闻出版业融资活动的实施意见
新出办(2002)715号

各省、自治区、直辖市新闻出版局,总政宣传部新闻出版局,新疆生产建设兵团新闻
出版局:

为贯彻落实《中共中央办公厅、国务院办公厅关于转发〈中央宣传部、国家广电总局、新闻出版总署关于深化新闻出版广播影视业改革的若干意见〉的通知》(中办发〔2001〕17号)文件精神,切实加强对新闻出版业融资活动的规范和指导,特制定具体实施意见如下:

1、经中央宣传部和新闻出版总署批准,试点报业集团、出版集团、期刊集团、音像电子出版集团的编辑出版业务,可以合作的方式在全国新闻出版系统融资。

2、经省、自治区、直辖市新闻出版管理部门同意并报新闻出版总署批准,试点集团可以项目合作的方式,吸纳国有企事业单位的资金。投资方不得介入编辑业务,所吸纳的资金严格限制在经批准的项目内使用。

3、经新闻出版总署批准,试点集团的经营部门(指书报刊、音像电子出版物的印制、发行等业务部门),可按现代企业制度的原则,设立有限责任公司或股份有限公司,吸收国有企事业单位的资本,集团国有资本应不低于51%的股份。

4、经中央宣传部和新闻出版总署批准,试点发行集团可按现代企业制度的原则,设立有限责任公司或股份有限公司,吸收国有资本、非国有资本和境外资本,集团国有资本应不低于51%的股份。发行集团设立的股份有限公司条件成熟时,经中央宣传部和新闻出版总署批准,可申请上市发行股票募集资金。

5、经新闻出版总署批准,印刷集团可按现代企业制度的原则,设立有限责任公司或股份有限公司,吸收国有资本、非国有资本和境外资本,由集团国有资本控股。印刷集团设立的股份有限公司条件成熟时,可申请上市发行股票募集资金。

6、新闻出版总署批准的内涵式发展试点单位,可比照上述规定进行融资。

7、各集团在设立有限责任公司或股份有限公司时,要认真按照国家有关规定,做好资产评估工作,切实保障国家权益,严禁以承包、持股等方式将国有资产低价出售或无偿分配给个人。      8、其余新闻出版单位一律按现行规定执行。

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