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What is the relationship between McCann Guangming, McCann Guanghua and McCann World Group in the advertising industry?
McCann Guanghua and Guangming are both investment enterprises of McCann Group in China. China does not allow foreign advertising companies to invest solely in China, but can only cooperate with companies in China, which is conducive to the development of domestic advertising and will not allow foreign advertising companies to occupy the domestic market. For example, McCann Guangming is jointly organized with the domestic bright collective, the Great Wall of Prosperity and Ogilvy & Mather.