No, Inner Mongolia Tongliao Xinhua Bookstore Co., Ltd. is not a public institution, but a joint-stock state-owned enterprise. State-owned capital is the main component, controlled by the state, similar to the national name of China Mobile. Xinhua Bookstore is a state-owned book publishing enterprise in People's Republic of China (PRC), which belongs to People's Republic of China (PRC) Central Propaganda Department and China Publishing Group. It is the official bookstore of the country and one of the publicity and sales offices of national publications.