The State Administration of Press, Publication, Radio, Film and Television of the People's Republic of China (國家新聞出版廣電總局) has recently revised a number of regulations under its purview via the Decree of the General Administration of Press and Publication No. 3. Among others, the minimum capital requirement as stipulated in the relevant regulations on the film industry will be waived. Relevant information can be found at http://www.sarft.gov.cn/art/2015/9/11/art_1583_28439.html