In an attempt to rein in their power and influence, China recently released “Market Access Negative List 2021” that aims to ban non-state capital (private companies) from the news and media sectors and live broadcast services of activities and events involving politics, economy, military, diplomacy, society, culture, science and technology, health, education, and sports etc.China’s National Development and Reform Commission (NDRC) released the “Market Access Negative List 2021” to solicit public opinion, as per the reliable sources.

It says that non-state capital cannot invest in establishing and operating news organizations, which include news agencies, newspaper, magazine publishers, radio and TV broadcasters, radio and TV stations and web media publishers.

NDRC also said that the non-public capital cannot introduce news published by organizations outside China.

This news was discussed by Weibo users and the talk of going back to the era of the Cultural Revolution again surfaced in Chinese social media, the reliable source added.

Jianli Yang, writing in The Washington Times said that the echoes of the Cultural Revolution are reverberating throughout China today, with the Chinese government harking back to the past and placing curbs on many aspects of ideology and culture.