No.6 Supportive policies gear up cultural industry
A series of policies that put considerable support into the culture industry took effect in 2014. State documents and corresponding funds were set to push the development of cultural enterprises in the fields of design, film, culture creativity and relevant subjects.
Under those supportive policies, cultural enterprises are integrating with other industries at an accelerating rate. State-owned cultural enterprises have enhanced its strength, with some of the large ones reaching tens of billion yuan in annual income. So far, up to 45 cultural corporations have been listed and the culture section is becoming a new power in Chinese A share market.
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Supportive policies gear up cultural industry. [Photo/Xinhua]
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