Government and Policy
China to set up rules for new e-book market
By Zhang Jiawei (chinadaily.com.cn)
Updated: 2010-05-11 13:37
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China is planning to make rules regulating the production of e-readers and the downloads of electronic publications via the Internet, said Zhang Yijun, director of the Technology and Digital Publication Department under the General Administration of Press and Publication, the Beijing Morning Post reported Tuesday.
Almost all of China's IT enterprises want to enter the e-book market, and relevant government departments fear that the market would be left in disorder without regulations in place, according to Liu Yingjian, founder and chairman of China's largest electronic handwriting recognition company Hanwang.
The rules will make the requirement for entering the market of e-reader production higher, Liu said, adding that most enterprises of this kind may end up losing money.
