The Ministry of Industry and Information Technology recently issued pilot approvals for value-added telecommunications business operations to 13 foreign-funded enterprises in Beijing, Shanghai, Hainan and Shenzhen. Relevant enterprises can carry out value-added telecommunications services such as Internet access and information services according to the approval content.
List of the first batch of pilot enterprises for value-added telecommunications business to expand opening up to the outside world
Beijing Apacolan Technology Group Co., Ltd.
DeDian (China) Communication Technology Co., Ltd.
Computer-Entertainment Technology (Beijing) Co., Ltd.
Hainan Dun-Baisert Data Technology Co., Ltd.
HSBC Financial Technology Services (Shanghai) Co., Ltd.
Airbus (China) Enterprise Management Services Co., Ltd.
Shanghai Tongdao Liepin Technology Co., Ltd.
Shenzhen City Yiden Software Co., Ltd.
Shenzhen Youkelian New Technology Co., Ltd.
Siemens Digital Technology (Shenzhen) Co., Ltd.
Siemens Digital Medical Technology (Shanghai) Co., Ltd.
Yinuo (Hainan) Offshore Data Investment Management Co., Ltd.
Bank of China Financial Technology Co., Ltd.
Value-added telecommunications business refers to the use of public network infrastructure to provide additional telecommunications and information services, such as Internet data centers, e-commerce and information services, and its main feature is to provide information services to the society.
In October 2024, Beijing, Shanghai, Hainan and Shenzhen officially launched the pilot work of "expanding value-added telecommunications business opening up to the outside world".
In the pilot areas, foreign equity ratio restrictions on Internet data centers, content distribution networks, Internet access services, online data processing and transaction processing will be lifted. Foreign-invested enterprises in the pilot areas can apply for business as required. For these foreign-invested telecommunications companies, my country will follow the principle of "consistent domestic and foreign investment".
As of the end of February 2025, there were more than 2,400 foreign-invested telecommunications companies in my country, an increase of 30% over the same period in 2024. The 13 foreign-invested enterprises that have received the approval of the operation pilot this time are mostly well-known multinational enterprises. After conducting related businesses, they will bring more diversified telecommunications services and products to Chinese consumers, further stimulate market vitality, improve the quality and level of telecommunications services, and better meet the people's growing digital life needs.