China Arts and Entertainment Group
Encyclopedia
China Arts and Entertainment Group (CAEG), was created on April 5, 2004 with the merger of the China Performing Arts Agency (1957) and the China International Exhibition Agency (1950) to become the largest state-owned creative enterprise in China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

. It was a major step to transform Chinese cultural and art institutions into modern enterprises.

CAEG is under the administration of the Minister of Culture
Minister of culture
A culture minister is a Cabinet position in some governments responsible for protecting the national heritage of a country and promoting cultural expression....

. The group consists of 19 wholly owned enterprises, two shareholding enterprises and one Stock company
Stock company
Stock company can refer to:*Joint stock company *Stock company - referring to a group of actors...

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