The Chinese General Administration of Press and Publication (GAPP) has major changes in store for the country's newspaper industry, China Daily reported Monday.
The changes will include closures, mergers and acquisitions. Liu Binjie, the head of GAPP, said that a number of non-profitable newspapers will be closed while those running successfully will receive support from the GAPP. This support will come in the form of resource integration and even include help with company's initial public offering.
The industry changes enforced by the GAPP will assist mergers and acquisitions between newspapers and other media groups with the aim of constructing six to seven large media conglomerates covering different regions and divisions. This is hoped to be achieved within five to six years, according to China Daily.
The GAPP's plan for the media industry was outlined its report Guiding Opinions to Further Promote the Reform of Press and Publication System, in April. The report defines the administration's principles and goals for the reorganisation of the country's press and publications.
GAPP has recently come under scrutiny outside of China for its book censorship and control over online games.

