China to create $800m tax-free culture hub in Beijing

An $800m arts and entertainment Freeport is set to open in Beijing in 2014.
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China has unveiled plans to design a tax-free culture hub in the heart of Beijing, right next to the capital’s airport. Named The Beijing Freeport of Culture, the culture hub is envisioned to become a thriving centre for entertainment and culture featuring art storage warehouses, film and television production facilities and offices for a range of creative businesses.

Backed by the Beijing Gehua Cultural Development Group, this $800 million project follows in the lines of an old report by ArtsHub which noted that the company had plans to build a $100 million art storage facility in Beijing. Now, it appears, the project has only grown in scope.

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Isabelle Laskari
About the Author
Isabelle Laskari is a freelance writer.