China may finally be softening its stance on 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 China’s 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 city’s economy slowed to 6.3 percent during the first half of 2019.
China’s Great Firewall currently blocks access to 135 of the world’s top 1,000 websites and foreign firms must rely on VPN services to get around the country’s 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.