CNC World (simplified Chinese: 中国新华新闻电视网英语电视台; traditional Chinese: 中國新華新聞電視網英語電視台; pinyin: Zhōngguó Xīnhuá Xīnwén Diànshì Wǎng Yīngyǔ Diànshìtái) is a majority state-owned 24-hour global English-language news channel, launched on July 1, 2010.
[1] It is 51% owned by the state-run China Xinhua News Network Corporation, and 49% by private investors, including Chinese home appliances maker Gree.
[2] The venture is part of Beijing's effort to "present an international vision with a Chinese perspective," Xinhua President Li Congjun said at the press conference announcing the launch of CNC World.
[3][4][5][6] Xinhua has leased a newsroom in New York on top of a skyscraper in Times Square to provide CNC World with prominent exposure in the United States.
[3] On December 16, 2010, CNC World agreed a deal with Eutelsat for coverage on Eutelsat 28A, 36B and Hot Bird 13B from January 1, 2011.