China Radio and Television Network Co., Ltd. (hereinafter referred to as China Radio and Television) is a central cultural enterprise formally established on May 28th, 20 14 with the approval of the State Council and capital contribution, according to the spirit of the Sixth Plenary Session of the 17th CPC Central Committee, with a registered capital of 5,080.4 million yuan.
China Radio and Television is established and managed by the State Administration of Radio, Film and Television; The Ministry of Finance represents the State Council to perform the investor's duties, and the financial relationship is listed separately in the Ministry of Finance. The State Administration of Radio, Film and Television and the Ministry of Industry and Information Technology shall, in accordance with their duties, exercise industry supervision over China's radio and television-related businesses.
Overview of Radio and Television in China China Radio and Television Network Co., Ltd. (China Radio and Television for short) is funded by the Ministry of Finance, and the State Administration of Radio, Film and Television is responsible for the establishment and escrow. China Radio and Television Network Group Co., Ltd. is responsible for the national cable television network-related business and carries out the triple play business. In fact, it has been more than two years since we discussed the plan to set up a national radio and television network company.
According to the plan, after the establishment of China Radio and Television Network Group Co., Ltd., it will integrate the national cable television network into a unified market entity, and endow it with business qualifications such as broadband network operation, and become the "fourth operator" after China Mobile, China Telecom and China Unicom, and also the main body to promote the "triple play" of the radio and television department.