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China’s culture sector, related businesses maintain rapid growth in 2018

Updated: Jan 31,2019 3:22 PM     Xinhua

BEIJING — China’s culture sector and related businesses continued to grow rapidly last year, the National Bureau of Statistics (NBS) said on Jan 31.

The total revenue of the culture sector and related businesses hit 8.93 trillion yuan (about $1.33 trillion), up 8.2 percent year-on-year, according to an NBS survey over 60,000 enterprises of scale in China.

Specifically, seven of the nine culture-related sectors saw their business revenues rise last year, with three of them registering double-digit growth, the NBS said.

News and information services boasted the fastest growth in 2018 with total revenue of 809.9 billion yuan, rising 24 percent from the previous year.

Meanwhile, revenue of creative design services and cultural transmission amounted to 1.11 trillion yuan and 1.02 trillion yuan respectively, up 16.5 percent and 12 percent, data from the NBS showed.

Eastern China remained the sectors’ largest revenue contributor by earning 6.87 trillion yuan, accounting for 77 percent of the total revenue last year.

Culture sectors in western China saw a 12.2-percent year-on-year growth, the fastest nationwide, the NBS said.

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