BEIJING, May 6 (Xinhua) – China’s "Internet + culture" industry expanded in the first quarter of 2020 despite the negative impact of the COVID-19 epidemic, shows data recently released by the National Bureau of Statistics.
Data shows that the country's cultural enterprises each with main businss revenue over 20 million yuan registered operating revenue of 1.6889 trillion yuan in the first quarter, down 13.9 percent from a year ago.
However, relying on the extensive application of new technologies such as the Internet, multimedia and artificial intelligence, the "Internet + culture" business bucked the trend, said Xin Jia, a statistician from the NBS.
Internet advertising services, Internet information services, multimedia games, animation and digital publishing software development, radio and television integrated broadcasting and control, wearable intelligent cultural equipment manufacturing and other industries saw double-digit growth in revenue, said Xin.
According to Xin's analysis, as production resumption of cultural enterprises is accelerating and the demand for cultural consumption held up by the epidemic is released, China's cultural market is expected to gradually return to the normal track.
(Edited by Yang Qi with Xinhua Silk Road, email@example.com)