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China plans to allow foreign investment in VPN services
Published on: 2019-08-19
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030China’s effort to further up open up and attract foreign investment continued with the city of Beijing unveiling plans to allow overseas firms to invest in virtual private network services within a trial zone by the end of the year.
 

Foreign investors will be allowed to invest in virtual private network (VPN) services, which allow users to bypass China’s Great Firewall to access services such as Google and Facebook which are currently blocked, although foreign ownership in such providers will be capped at 50 per cent, the Beijing Municipal Bureau of Commerce announced on Thursday.

031The relaxation of the restrictions, which was approved by the State Council in January, “is meant to attract foreign telecom operators to come and provide VPN services for foreign-invested companies in Beijing”, according to the Beijing Municipal Bureau of Commerce.
 

The new policy, part of a three-year plan by the Beijing Municipal Government to open up the service sector, came after the city’s economy slowed further to 6.3 per cent in the first half of 2019, while its fiscal revenue also dropped by 2.5 per cent to 317 billion yuan (US$45 billion).

032Currently, China blocks access to 135 of the world’s top 1,000 websites, including Google, Facebook, Twitter and YouTube, with individuals and organisations only able to connect to the internet through channels provided by the government.
 

Chinese authorities, in the past, have punished citizens for offering VPN services in mainland China. The United States have also previously demanded for China to “completely open up its internet” and relax controls that require foreign cloud computing companies to store all their data locally.

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