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What is the nature of Xinhua Bookstore? If there are state-owned enterprises, can they be opened privately?
Xinhua Bookstore, a state-owned book publishing enterprise in China. Distribution outlets are all over the country. Private ownership is not allowed.

This bookstore was established in Qingliangshan, Yan 'an on April 24th, 1937. It is the official bookstore of the country and one of the publicity and sales offices of official publications, with branches all over the country.

By the end of 2006, * * had a total of14,000 outlets, and the provincial capitals operated in the name of book centers or book cities. In Hong Kong, it operates under the name of "Xinhua Bookstore" in Wan Chai and "Zhuxin Book Company" in Macau.

Extended data:

Xinhua Bookstore Head Office is a large-scale wholesale enterprise of books, audio-visual publications at the central level, which belongs to China Publishing Group.

Xinhua Bookstore Head Office has rich marketing experience in the book industry. In the long-term development, a nationwide purchase and sale network, a warehousing and transportation network and a fund settlement network have been built, which has the conditions for intensive and large-scale operation. In order to meet the needs of the growing book market and increase the application of high-tech means in book distribution business, the national publishing information network system and enterprise management system are being built.

The enterprise has a sound organization, strong strength, fixed assets of more than 300 million yuan, operating area and storage area of nearly 80,000 square meters, and undertakes the import and delivery of publications from more than 500 publishing houses in central level, Beijing area and the whole country to more than 5,000 Xinhua bookstores and social bookstores at all levels in the country.

References:

Baidu encyclopedia-Xinhua bookstore