SHARJAH, 4th June, 2018 (WAM) — Sharjah Publishing City, SPC, the first free publishing city in the world, which is under the umbrella of the Sharjah Book Authority, recently received a delegation from China Publishing Group, CPG, one of the largest and most influential publishing groups, and discussed possible collaborations for investment opportunities.
CPG, which boasts 40 publishing companies and imprints with 96 subsidiaries, produces over 10,000 book titles, audio-visual publications, and electronic and online publications every year and has been on the list of the “Top 30 Chinese Cultural Enterprises” for six consecutive years, ranking among the leading cultural enterprises in China.
The delegation, headed by Zhou Xipei, Director of CPG, toured the SPC and explored its facilities as well as evaluated its potential for regional expansion and new market access. They were also introduced to the SPC’s services and amenities, including digital solutions to cater to the ever-increasing role technology plays in the publishing sector an important revenue driver for Chinese publishing houses.
Salim Omar Salim, Director of the SPC, said, “As part of our vision to continue operating strategically and expanding the SPC’s profile as a centre for the leading publishing houses in the world, our meeting with CPG reflects on their publishing operations in China, especially as it has been ranked one of the Top 50 Global Publishing Groups for three consecutive years.
“China is home to one of the world’s most illustrious publishing markets, and the SPC falls directly in line with their needs and demands for more global expansion, allowing them to explore our facilities and services as a means to access new MENA markets in general, with Sharjah playing a pivotal role in leading the region’s publishing and literature industry. The SPC’s free-zone policies are among the leading initiatives Sharjah has been practicing to drive unique investments in the publishing sector, as well as to utilise it as a key catalyst that attracts international investments.
“The SPC operates as a global brand, and its operations are focused on welcoming and partnering with global publishing powerhouses as a means to attract innovative and unique investments to the free zone and Sharjah. We have continuously witnessed how the SPC has catered to the variety of demands and needs of global publishing houses, thanks to Sharjah’s competitive edge, its cost-effective logistics services and its strong connectivity with the rest of world, which serves as a strategic boost to publishing houses’ operations and ambitions for the region.”