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New Capital Requirements For Mobile Phone Industry

The State Development and Reform Commission has formally published "Several Regulations on Approval of Mobile Communications System and Terminal Investment Projects" over the weekend.

The new regulations stipulate the threshold for manufacturers to enter China's mobile communications and terminal manufacturing industries.

The registered capital for mobile phone investment projects should be no less than CNY200 million, and that of mobile communications system investment projects should be a minimum of CNY300 million.

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