HGC Global Communications Secures ISP License in China Under MIIT's Pilot Program
HGC Global Communications, a Hong Kong-based company, has received approval from China's Ministry of Industry and Information Technology (MIIT) to operate a wholly owned Internet service provider (ISP) business in China. This development is part of China's pilot program aimed at opening its telecommunications industry to foreign investors, particularly those offering value-added services (VAS). The pilot program, which began in October 2024, has lifted foreign ownership restrictions on telecom VAS in key areas such as Beijing, Shanghai, Hainan, and Shenzhen. By July 2025, 40 foreign-invested enterprises had been approved to operate under this program. HGC's approval underscores its commitment to China's telecommunications sector and its role as a cross-border digital infrastructure partner.