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China may finally be softening its stance onย VPN services, reports have claimed.
The city of Beijing has unveiled its plans to allow overseas firms to invest in VPN services within a trial zone by the end of the year as part of Chinaโs ongoing efforts to attract foreign investment.
The new policy is part of a three-year plan by the Beijing Municipal Government to open up the service sector after the cityโs economy slowed to 6.3 percent during the first half of 2019.
Chinaโsย Great Firewallย currently blocks access to 135 of the worldโs top 1,000 websites and foreign firms must rely on VPN services to get around the countryโs restrictions in order to do business.
According to the municipal government, online games as well as video and audio programs will also welcome foreign investment but they will be required to meet Chinese data security standards. However, foreign investment in online news, publishing, audio and video is still technically banned in China.
By opening up investment in VPN services to foreign firms, China may finally be softening its historically hard stance on VPN usage within its borders.
I as well conceive so, perfectly indited post!