China plans to allow production and sale of game consoles on mainland

China is expected to soon end a 13-year ban on the production and sale of game consoles with only one key condition: foreign firms like Sony and Nintendo must make their products in Shanghai’s new free trade zone.

The milestone move to allow foreign companies to make game consoles in Shanghai’s new free trade zone is part of the so-called a detailed policy blueprint for a “Shanghai free trade zone”, endorsed by Premier Li Keqiang, who is keen to make Chinese economy more open to the rest of the world and to make its currency more widely used.

via Business feed http://www.scmp.com/business/companies/article/1279456/china-plans-allow-production-and-sale-game-consoles-mainland