Predecessor | Liaoning Folk Art Ensemble, Bensham Media Company |
---|---|
Formation | 2013 |
Type | Umbrella organization, trade association, cultural institution |
Chairman | Zhang Bin (political strategist) |
Website | www |
The China Cultural Industry Association is an umbrella trade association and cultural institution led by Zhang Bin.
The China Cultural Industry Association is a Chinese umbrella media organisation [1] that also works to build “the soft power of Chinese culture.” [2]
The China Cultural Industry Association website states that it is an independent organisation registered with the Ministry of Civil Affairs. [3]
The organisation is lead by billionaire political strategist and business person Zhang Bin and is noted for is proximity to the Government of China. [4]
The China Cultural Industry Association website states that it was founded on Jun 29, 2013. [3] The organisation previously operated as a media company. Established in 2003, the Liaoning Folk Art Ensemble later became the Bensham Media Company before being renamed as the China Cultural Industry Association in 2011. [5]
From 2011, the company became very profitable as it delivered media in Northeast China. [5]
In 2014, the association funded the erection of a statue of Norman Bethune located at the University of Toronto Faculty of Medicine. [6] [7] In 2016, the association stated that it had created the Trudeau Education Fund at the Universite de Montreal. [4] In 2023, the University was considering returning the $750,000 donation to Zhang. [8]
In 2022, on behalf of various Chinese technology companies, the association published a fourteen-page “self-discipline initiative", a corporate self-governance model for trading in non-fungible tokens. The rules centred around transparency and discouraging anonymous trading. [9]
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