e-magazine
The Hot Zone
China's newly announced air defense identification zone over the East China Sea aims to shore up national security
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Expert's View
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Expat's Eye
Health
Science/Technology
Lifestyle
Books
Movies
Backgrounders
Special
Photo Gallery
Blogs
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links

cheap eyeglasses
Market Avenue
eBeijing

Economists Comment on China
Special> 2010 in Retrospect> Economists Comment on China
UPDATED: January 5, 2011 Web Exclusive
Mei Song:
China's creative industry has become a new economic growth engine
Share

 

Mei Song, Director of Beijing Cultural and Creative Industry Promotion Center

The development of China's creative industry was also a significant achievement in 2010."China's creative and cultural industries have become a new growth engine for the country's economy," said Mei Song, Director of Beijing Cultural and Creative Industry Promotion Center. Beijing alone now has more than 50,000 creative and culture-oriented companies, with more than 1 million creative professionals. In 2009, the creative industry became a pillar industry only after financial industry by yielding 149.77 billion yuan ($22.62 billion) of added value. In the first half year of 2010, the figure hit 80.43 billion yuan ($12.15 billion), accounting for 12.6 percent of the GDP in the city.

It is estimated that Beijing's creative industry will generate 160 billion yuan ($24.17 billion) by the end of 2010. The city now has focused on exchanges with China's Hong Kong, Macao and Taiwan, designing to find overseas markets.

Mei pointed out that the creative industry has been spurred on by an increasingly strong financial support. On April 8, nine of China's financial and cultural bodies, including the People's Bank of China and the Ministry of Culture, came together to create a set of policies that would help to develop the industry even further.



 
Top Story
-Protecting Ocean Rights
-Partners in Defense
-Fighting HIV+'s Stigma
-HIV: Privacy VS. Protection
-Setting the Tone
Most Popular
 
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved