China's Culture Sector Grew 11% in First Quarter, Survey Suggests
Yicai Global
/SOURCE : Yicai
China's Culture Sector Grew 11% in First Quarter, Survey Suggests

(Yicai Global) April 28 -- Income in China's culture industry is rising quickly, according to a survey of 52,000 companies involved in the sector and related areas.

In the first quarter of this year, operating income at the companies was CNY1.99 trillion, (USD289 billion), up 11 percent from the same period last year (nominal growth) with a growth rate 2.4 percentage points higher.

Of the 10 industries surveyed, all but the radio, film and television industry maintained income growth. Among them, four grew at a double-digit rate: Internet Plus-based cultural information transmission, culture and leisure services, cultural art services and cultural product manufacturing.

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Keywords: Culture , Revenue