CULTURE China regulates use of state-owned cultural relics

CULTURE

China regulates use of state-owned cultural relics

Xinhua

21:34, March 31, 2021

China will forbid state-owned organizations from gifting, leasing or selling any of their collection of cultural heritage resources and assets, the finance ministry said Wednesday.

Terracotta warriors during a culture and art exhibition at the Shaanxi History Museum in Xi'an, northwest China's Shaanxi Province on Jan.10, 2020. (Photo: Xinhua)

This comes amid the country's efforts to better protect and utilize state-owned cultural heritage resources and assets, according to a temporary regulation jointly released by the Ministry of Finance and National Cultural Heritage Administration.

Cultural heritage management organizations are prohibited from using cultural relics as collateral or making overseas investment, says the regulation.

The regulation also urges organizations such as museums and libraries to improve their display and use of cultural relics.

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