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Cultural industry reports over two-digit growth
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16:27, October 17, 2008

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According to the information from the 2nd national cultural system, cultural industry work conference held in Xi'an, Shaanxi Province, in recent years, China's cultural industry entered a new period of accelerated development. The statistics from the National Bureau of Statistics of China shows that, since 2005, the growth rate of added value of cultural industry exceed tow-digit number every year than the previous years, much higher than the economic growth rate in the same period.

All China's 31 provinces, autonomous regions and municipalities and Xinjiang Production and Construction Corps, as well as the 5 cities specifically designated in the state plan have take cultural industry as the focus of cultural construction; and 23 provinces, cities and districts have set up special funds for the development of cultural industry.

The rapid development of cultural industry has significantly promoted every region's cultural prosperity and economic development. The cultural industries in some provinces and cities accounted for more than 5 percent of GDP. Shenzhen's added value of cultural industry reached 38.196 billion yuan in 2006, up 25.9 percent than the same period of previous year, and accounted for 6.7 percent of the city's GDP.

By People's Daily Online

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