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Cultural Industries Maintained Rapid Growth in 2017

Submit Time:13-03-2018 | Zoom In | Zoom Out

Author:Zhang Yi | Source:Guangming Daily (February 01, 2018)

Abstract:

As learnt by Journalist Zhang Yi from the National Bureau of Statistics of China on January 31, 2018, a total of 55,000 companies engaged in cultural and other related industries above the designated size across China generated the operating revenue of RMB 9,195 billion in 2017, which went up by 10.8% over 2016 (price factors to be deducted). The growth rate represented 3.3 percentage points faster than that in the previous year. The Chinese cultural industries continued its rapid growth.  

All of the ten cultural and related industries saw their operating revenue on the rise. Of these, the four sectors secured the double-digit growth in 2017: the cultural information transmission services mainly represented by "Internet Plus" yielded the operating revenue of RMB 799 billion, up by 34.6% over the previous year; the art & cultural services earned the operating revenue of RMB 43.4 billion, up by 17.1%; the cultural & entertaining services produced the operating revenue of RMB 154.5 billion, up by 14.7%; and the cultural goods production sector brought in the operating revenue of RMB 3,366.5 billion, up by 11.4%.  

Regionally, the companies engaged in cultural and other related industries above the designated size in eastern China generated the operating revenue of RMB 6,871 billion, which accounted for 74.7% of the total across the country; the revenue in central China, western China and northeastern China registered RMB 1,485.3 billion, RMB 740 billion, and RMB 98.8 billion, and the proportions of these regions in the national total stood at 16.2%, 8.0% and 1.1%, respectively. From the regional point of view, western China, central China, and eastern China sustained the growth rate of 12.3%, 11.1%, 10.7%, respectively while northeastern China saw a drop of 0.9%, which shrank by 12.1 percentage points over the previous year.


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