Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's cultural industry posts recovering revenue in 2020

February 18, 2021


Abstract : China's cultural industry reported improving revenue last year as the COVID-19 epidemic was largely subdued and the country's economy gradually restored its strength, official data shows.

BEIJING, Feb. 15 (Xinhua) -- China's cultural industry reported improving revenue last year as the COVID-19 epidemic was largely subdued and the country's economy gradually restored its strength, official data shows.

The combined revenues of companies in the sector amounted to 9.85 trillion yuan (about 1.53 trillion US dollars) in 2020, up 2.2 percent year on year, according to the National Bureau of Statistics (NBS).

The figure reversed the 0.6 percent drop in the January-September period, bouncing back into positive territory, the NBS noted.

Among the cultural industry's sub-sectors, the revenues of news information services and creative design services logged double-digit growth in 2020, up 18 percent and 11.1 percent respectively from a year ago.

Emerging business models integrating the internet with cultural businesses saw revenues surge 22.1 percent year on year, up 0.2 percentage points from the first three quarters of 2020, said the NBS. Enditem

Scan the QR code and push it to your mobile phone

Keyword: cultural industry

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial