Beijing plans media industry zone

Beijing's municipal government has set aside 220 hectares of land in Xuanwu district for the development of a business district catering for media organisations. Beijing International Media Boulevard would provide advanced network communication systems to help media organisations with news gathering and transmission and would also include residential accommodation, hotels, museums and entertainment facilities. The organisers have been holding talks with several international companies on joint development of the project, which is expected to be finished in time for the 2008 Olympic Games.