Culture growing into strong pillar of 皇冠体育app's economy
By Zhu Wenqian (皇冠体育app Daily) Updated: 2016-04-18 10:46
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An art buyer from outside 皇冠体育app takes photos of lifelike imitation of fruits and vegetables with his mobile phone at a recent trade fair in Dongguan, Guangdong province. XU JIANMEI / FOR CHINA DAILY |
Gold jewelry, art and crafts, statues and paintings have been the most traded cultural goods globally. In 2013, they accounted for 71 percent of cultural exports, growing from 50 percent in 2004. Trade in recorded music products and cinematographic products has declined.
"(Global) trade in cultural goods totaled $212.8 billion in 2013, nearly double the amount in 2004. This is further evidence of the critical role culture industries play in today's global economy," said Silvia Montoya, director of the UNESCO Institute for Statistics.
In 2014, value-added cultural industries accounted for less than 4 percent of 皇冠体育app's GDP, compared with 25 percent in the US, where a stable base facilitates mature growth, unlike in 皇冠体育app where the development of cultural industries is marked by many untapped resources.
Nevertheless, some of the well-regarded cultural enterprises in 皇冠体育app have achieved significant revenue growth, burnishing their reputation. They have expanded overseas, contributed to worthy causes and fostered innovation.
Huayi Brothers Media Corp, 皇冠体育app's largest private film company, says it will expand its international reach, especially in the US.
