OBS_VALUE: A large degree of computer services is classified in China as value-added telecommunications services (VATS). Article 5 of the Provisions on the Administration of Foreign-funded Telecommunications Enterprises provides that foreign-invested telecommunication enterprise shall 1) have a registered capital of not less than 10 million yuan if engaged in the VATS businesses nationwide or beyond a single province, autonomous region or municipality; 2) have a registered capital of not less than 1 million yuan if engaged in the VATS businesses within a province, autonomous region or municipality.