CULTURE Global exposure to China rises as cultural products exports grow

CULTURE

Global exposure to China rises as cultural products exports grow

CGTN

20:47, August 07, 2019

Seventy years have passed since the founding of the People's Republic of China and a lot has changed. When talking about culture, the investment made by the Chinese government in cultural projects grew from 497 million yuan, between 1953 and 1957, to 92.83 billion yuan at the end of 2018, data from the National Bureau of Statistics show. 

This investment is made not only on a national level but also internationally. According to a McKinsey Global Institute report from July, "China has increasingly invested in developing its cultural presence globally by, for instance, putting money into the film industry and expanding support for educational institutions and courses."
The report notes that the top 50 films (worldwide) starring a Chinese actor increased from four percent in 2010 to 22 percent in 2017. Besides this, the global share of films shot in China rose from two percent to 12 percent. 

4ef060a99e9b4fa38fa46fd2e0f57b0f.png

Director Rian Johnson and actor Joseph Gordon-Levitt filming "Looper" in Shanghai. (Photo: FXGuide)

The McKinsey Global Institute adds that China has also influenced global cinema through the size of its market. At present, it's the second-largest market in the world in box office sales at nine billion U.S. dollars, only surpassed by the United States with 12 million. 
In terms of language, today there are 548 Confucius Institutes in 154 countries when in 2010, there were 298 institutes. Besides, the number of students learning Chinese as a second language grew six-fold between 2010 and 2017, says the report. 
However, according to the research arm of the consulting firm, China has room to "globalize further" and enhance its cultural reach. Even though it has exported 85 million U.S. dollars in TV dramas in 2017, that’s only one-third of the 239 million exported by South Korea. "China's culture and entertainment industries remain relatively closed," stresses the document. 

Cultural products exports reached 92.53 billion U.S. dollars

A National Bureau of Statistics analysis reviewing 70 years of China's cultural sector states that in 2018, China's total imports and exports of cultural products were 102.38 billion U.S. dollars. This number is 5.5 times higher than in 2005, representing an increase of 15.4 percent over 2012 and an average annual increase of 2.4 percent between 2013 and 2018.
In terms of exports, the Ministry of Commerce mentioned that in 2018, China's exports of cultural products increased 4.9 percent from the previous year to 92.53 billion U.S. dollars.

Exports to countries and regions participating in the Belt and Road Initiative reached a record high of 16.29 billion U.S. dollars in the same year. In 2008, this number was only 5.54 billion U.S. dollars.

8b3a52f77e0146059bb1748093b17eb0.png(File photo: VCG) 

According to the National Bureau of Statistics, this means that cultural business partners are diversifying, expanding the previous structure dominated by the U.S., the Netherlands, the UK, Japan, and Hong Kong SAR. These five main markets represented 59.6 percent of the total exports market for cultural products. 
The same document also notes that China's foreign investment in culture, sports, and entertainment industry was 1.69 billion U.S. dollars, 84.5 times more than in 2008 and 8.5 than in 2012. This component accounts for 1.3 percent of China's foreign direct investment, representing an increase of 1.1 percentage points over 2012.

'Strong' development of new content formats

Yin Guojun, a senior statistician of the Department of Social Sciences of the National Bureau of Statistics, said in a press release that in the first half of 2019 the development of new content formats was "strong."

Creative design services rose 12.4 percent, cultural investment operations 10.2 percent, and content creation and production 9.8 percent.

The 70th-anniversary report states that in 2018, the number of registered users of online audiovisual content reached 6.57 billion and the number of programs played was close to 2.7 trillion.

For the National Bureau of Statistics, "China's radio and television scale jumped to the forefront of the world." At the end of 2018, the country had 2.647 broadcasting stations, 54 times more than in 1949 and 21.2 than in 1978. As for television, in the same period were transmitted 3.559 public television programs, 8.7 percent more than in 2012.  
Cable TV services also continue to expand, jumping from 28 million users in 1998 to 218 million in 2018. Digital TV users account for 201 million households, 40.8 percent more than in 2012.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue