Chinese state run media corporations CCTV, Xinhua news agency and People’s Daily will receive 45 billion yuan (US$6.58 billion) from the central government to expand their news services. It’s part of what party officials call waixuan gongzuo “overseas propaganda”. One project is to develop a 24 hour English news channel modeled on al-Jazeera, providing Western audiences and Asians with the Chinese perspective. Each media entity is set to receive approximately 15 billion yuan each. CCP overseas propaganda division head Chen Wang: “We must strive to set up a top-line global media arm that covers the entire world and which is multi-lingual, enjoys a large viewership, has a large volume of information and is strongly influential.”
Source: Asia Times Online
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