Latest News:  
Beijing   Thundershower/Overcast    28 / 22 ℃  City Forecast

Home>>China Business

China's publishing industry faces challenges: report


08:16, July 10, 2012

BEIJING, July 9 (Xinhua) -- Publishing companies are facing greater challenges than ever due to increasing distribution costs, according to an industry report released Monday.

The publishing and distribution sector's total profit was 18.51 billion yuan (2.9 billion U.S. dollars) last year, down 2.16 billion yuan year on year, according to an annual press and publishing industry report issued by the General Administration of Press and Publication.

The publishing industry still faces a large "cultural deficit," as copyrights are still imported at double the rate they are exported, although the gap narrowed last year. A total of 7,783 varieties of copyrights were exported in 2011, or 2,092 more than that of 2010, the report said.

However, the report noted that a surplus was realized in copyright trade between the Chinese mainland and Taiwan for the first time in 2011. It said 1,656 categories of mainland copyrights were exported to Taiwan last year, with 1,497 imported from the island.

The report pointed out that the number of audio-visual products and electronic publications dropped last year, although profits increased.

The scale of publishing groups and listed companies has become increasingly large, it said, adding that private enterprises played a bigger role in earnings.


Leave your comment0 comments

  1. Name


Selections for you

  1. Japanese celebrate "Tanabata" festival

  2. Mud Soccer Cup in Beijing

  3. Police pledge to fight child trafficking

  4. Master of pasted-paper sculpture

Most Popular


  1. US-Pakistan relations still tense after apology
  2. Preserve Arctic for sake of shared global future
  3. Owning a car a fading dream in China?
  4. Do not foment youngsters to protest
  5. All classes easy prey for marketing scammers
  6. Property controls good for economy
  7. Transition comes before democracy in Myanmar
  8. Vatican’s religious assertions tangled with politics
  9. Steady economy recovery key to int'l co-op
  10. China steps up moves in South China Sea

What's happening in China

Measures to manage online programs

  1. Newspaper circulation still on the rise
  2. Wenzhou bans extravagant govt banquets
  3. Mining to become key to Tibet's economy
  4. Audi to recall Q5 models
  5. Underperforming firms face delisting

China Features

  1. Why is TCM worth of commendation?
  2. Arabians pay heavy price for Arab Spring
  3. Master of pasted-paper sculpture
  4. China, US hold mixed attitudes toward each other
  5. China does not lack capital: CSRC Chair

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai