China’s Ministry of Culture has published announcements on its official website stating that it has issued the first batch of four licenses for operating Internet cafe retail chains in China.
The Shanghai Internet Cafe Industry Association and Bank of Hangzhou have reached an agreement to launch a joint guarantee loan program for Internet cafe operators in Shanghai, according to information from the official website of Shanghai Municipal Administration of Culture (Radio), Film & TV.
China’s Ministry of Culture has just promulgated a new rule to strengthen the management of netcafes and to promote the development of netcafe enterprises.