CHINA Beijing spends big to support bookstores


Beijing spends big to support bookstores

China Daily

19:30, November 22, 2019

The Beijing municipal government has spent 100 million yuan ($14 million) to support the operation of 239 bookstores in the capital this year, according to city authorities.

A reader browses through books on a shelf at Wangfujing Bookstore in Beijing on Sept 27, 2019. (Photo: China Daily)

The major part of the money was spent on rent — 52 million yuan, up 30 percent compared to last year.

According to the government, 143 bookstores had nearly 60 percent of their rent covered by subsidies.

Up to 14 all-night-open bookstores received special subsidies from the government, which has helped them contribute to the night economy.

Beijing has been working on creating a better reading atmosphere for the public in recent years.

In 2018 the city spent 50 million yuan supporting 151 bookstores, which tripled the previous year's investment.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue