Output of culture sector gains 16.5% to US$296b
Print Edition
China’s culture industry output rose 16.5 percent year on year to 1.81 trillion yuan (US$296 billion) last year, making up 3.48 percent of the country’s gross domestic product, the National Bureau of Statistics said yesterday.
The proportion was 0.2 percentage point higher than that in the previous year, the bureau said.
China aims to foster the industry into a new growth source and seeks that cultural value-added output account for 5 percent of its gross domestic product in 2016, according to the Ministry of Culture.
It emphasizes developing the markets for books, newspapers, magazines, digital audio and video publications, performing arts, television series, movies and cartoons. It will use bank loans, government spending, taxation and land use to achieve the goal.
The bureau’s data also showed the culture sector remained stable in 2012.
The value-added output of goods producers, goods sellers and service providers accounted for 40.1 percent, 6.6 percent and 53.3 percent of the sector’s total respectively last year, according to the bureau.
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