Location: Home > Information > Latest News

China targets growth of cultural industry

Source:   Time:

BEIJING, Feb. 28 (Xinhua) -- The Ministry of Culture on Tuesday released a cultural development plan that includes a goal of doubling the added value of the cultural industries under its administration by 2015.

The plan specifies guiding principles, strategies, goals and policy support for the cultural industry under the Ministry of Culture during the 12th Five-Year Plan period (2011-2015), Vice Minister of Culture Li Xiaojie said.

Cultural industries under the ministry include opera houses, libraries, art galleries and art troupes.

The industry is expected to see an annual growth rate of over 20 percent during the period, increasing the gross added value of the industry to between 800 and 900 billion yuan (127 to 142 billion U.S. dollars), Li said.

The development plan came days after China published a detailed cultural reform outline for the 12th Five-Year Plan period. Li explained the development plan is a practical implementation of the outline issued by China's central authority earlier this month.

The added value of cultural industries under the ministry amounts to nearly 400 billion yuan, almost one third of the total added value of the nation's cultural industries, said Li.

"People's vigorous demands for cultural products is the biggest impetus for realizing the 'doubling goal,'" the vice minister said.

According to the plan, China strives to upgrade cultural attractions so as to make them more attractive to customers.

Local governments are encouraged to provide subsidies to low-income residents and migrant workers for consuming cultural products and services, and government institutions, schools and troupes are urged to open their facilities to the public.

Li said the targeted annual growth rate of 20 percent is reasonable as the growth between 2008 and 2010 reached 24.2 percent annually.

The annual growth of the added value of cultural industry is much faster than that of the country's gross domestic product, which shows the great potential of the cultural industry to become a pillar of the national economy, said Li.

To realize the goal included in the plan and promote the industry as a pillar industry, China should give full play to the leading role of key, large-scale cultural enterprises to form a cultural conglomerate with influence and international competitiveness, according to the development plan.

Meanwhile, medium and small enterprises should be consistently supported by methods such as government procurement and financial supports, said the plan.

[Relative Articles]

Copyright Reserved 2010 © South-East Asia & South Asia Infoport  | Filing Number:ICP 09005773
Technical Support:China Basalt Software Technology Co., Ltd.