China has added cryptocurrency mining to a draft list of industries in which investment is restricted or prohibited, although it reduced the number of sectors on the list overall, a document released by the state planner showed on Friday.
to eliminate the spreading of rumours, the use of sensationalist headlines and the publishing of content that violates the core values of socialism.
The state planner said it was halting the investment of "non-public" capital into a variety of publishing activities, including live broadcasts, news-gathering, editing and broadcasting entities and the operation of news. Non-public capital cannot be involved in the introduction of news released by overseas entities or summits and award selection activities in the field of news and public opinion, the NDRC added.
The draft 2021 list of industries in which investment is either restricted or prohibited has been cut to 117, the National Development and Reform Commission said, down from 123 in 2020.Reporting by Colin Qian in Beijing and Twinnie Siu in Hong Kong; reporting by Engen Tham in Shanghai; Editing by Toby Chopra and William MallardSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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