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]