Business Revenue of Enterprises above the Designated Size Engaged in Culture and Related Industries in the First Half of 2024

According to a survey of 77,000 enterprises above the designated size engaged in culture and related industries (hereinafter referred to as cultural enterprises) nationwide, in the first half of 2024, the cultural enterprises achieved business revenue of 6,496.1 billion yuan, up by 7.5 percent [1] over that of the previous year on a comparable basis (see Annotation 2 for details). Among them, the 16 industry categories with distinct characteristics of new cultural business formats [2] achieved a business revenue of 2,702.4 billion yuan, up by 11.2 percent over that of the previous year, and 3.7 percentage points faster than the overall growth of all cultural enterprises above the designated size.

In terms of industrial types, the business revenue of culture-related manufacturing industry was 1,922.1 billion yuan, up by 5.4 percent over that of the previous year; that of the culture-related wholesale and retail was 1,103.1 billion yuan, up by 6.3 percent; and that of the culture-related services was 3,470.9 billion yuan, up by 9.0 percent.

By field, the business revenue of core areas of culture [3] stood at 4,331.1 billion yuan, up by 8.3 percent over that of the previous year; that of cultural related fields reached 2,165.0 billion yuan, up by 5.7 percent.

By industry category, the business revenue of news and information services stood at 876.8 billion yuan, up by 9.8 percent over that of the previous year; that of content creation and production was 1,462.8 billion yuan, up by 10.2 percent; that of creative design services was 1,095.8 billion yuan, up by 6.7 percent; that of cultural communication channels was 781.8 billion yuan, up by 6.1 percent; that of cultural investment and operation was 31.9 billion yuan, up by 6.1 percent; that of cultural, entertainment and leisure services was 81.9 billion yuan, up by 5.8 percent; that of cultural auxiliary production and intermediary services was 758.9 billion yuan, up by 7.0 percent; that of cultural equipment production was 300.7 billion yuan, up by 10.4 percent; and that of cultural consumption terminal production was 1,105.4 billion yuan, up by 3.7 percent.

In terms of regions, the eastern region achieved a business revenue of 5,168.0 billion yuan, up by 8.1 percent over that of the previous year; the central region achieved 737.1 billion yuan, up by 6.6 percent; the western region achieved 536.5 billion yuan, up by 3.5 percent; and the northeastern region achieved 54.5 billion yuan, up by 2.4 percent.

In the first half of 2024, cultural enterprises achieved total profits of 525.0 billion yuan, up by 8.9 percent over the previous year; and the profit rate of business revenue was 8.08 percent, a year-on-year increase of 0.11 percentage point. At the end of the first half of 2024, the assets of cultural enterprises totaled 20,141.1 billion yuan, up by 6.8 percent over that of the previous year; and the business revenue brought by per-hundred-yuan assets was 65.2 yuan, up by 0.2 yuan year on year.

Business Revenue of Enterprises above the Designated Size Engaged in Culture and Related Industries in the First Half of 2024

Note:

[1] Unless otherwise specified, growth rates in the table are nominal growth rates without deducting price factors.

[2] The sixteen industries with distinct characteristics of new formats are: radio and television integrated broadcast control, Internet search service, other Internet information services, digital publishing, other cultural and art industries, animation, game digital content services, Internet game services, multimedia, game animation and digital publishing software development, value-added telecommunication cultural services, other cultural digital content services, Internet advertising service, Internet culture and entertainment platform, copyright and culture software service, intelligent UAV manufacturing for entertainment, wearable intelligent cultural equipment manufacturing, and other intelligent cultural consumer equipment manufacturing.

[3] Core areas of culture include six industries: news and information services, content creation and production, creative design services, cultural communication channels, cultural investment and operation, cultural entertainment and leisure services. Cultural related fields include three industries: cultural auxiliary production and intermediary services, cultural equipment production, and cultural consumption terminal production.

Annotations:

I. Explanatory Notes

Culture and related industries refer to the collection of production activities that provide cultural products and cultural related products for the public. According to the Classification of Culture and Related Industries (2018), culture and related industries include nine categories: news and information services, content creation and production, creative design services, cultural communication channels, cultural investment and operation, cultural entertainment and leisure services, cultural auxiliary production and intermediary services, cultural equipment production and cultural consumption terminal production.

Business revenue refers to the inflow of economic benefits resulting from production and operation activities such as the sale of goods, the provision of services and the transfer of the right to use assets by the enterprise in the reporting period, including the main business revenue and other business revenue.

Total profit refers to the surplus of the enterprise in the production and operation process during the reporting period after deducting various expenses, reflecting the total profits and losses achieved by the enterprise during the reporting period.

Total assets are resources resulting from past transactions or events that are owned or controlled by the enterprise and are expected to result in economic benefits to the enterprise at the end of the reporting period.

Profit rate of business revenue=total profits÷business revenue×100%, unit: %.

Business revenue brought by per-hundred-yuan assets=business revenue÷average assets÷accumulative months×12×100, unit: yuan.

II. Statistical Coverage

The statistical coverage of cultural and related industries above the designated size is industrial enterprises within the industry scope specified in the Classification of Cultural and Related Industries (2018) with an annual main business revenue of 20 million yuan or above; wholesale enterprises with annual main business revenue of 20 million yuan or above or retail enterprises with annual main business revenue of 5 million yuan or above; service enterprises with an annual business revenue of 10 million yuan or above, of which enterprises engaged in transport, storage and post, information transmission, software and information technology services, water conservancy, environment and public facilities management with annual business revenue of 20 million yuan or above, and enterprises engaged in residential services, repair and other services, culture, sports and entertainment with annual business revenue of 5 million yuan or above.

As the statistical coverage of enterprises above the designated size engaged in culture and related industries changes every year, in order to ensure that the data of this year are comparable with that of the previous year, the data for the same period used to calculate the year-on-year growth rate of business revenue and other indicators of enterprises above the designated size engaged in culture and related industries are consistent with the statistical scope of enterprises for the current period, and there will be a difference in caliber from the data published last year. The main reason is that every year, some enterprises that meet the standards to be classified as above the designated size are included in the scope of investigation. Simultaneously, some enterprises withdraw from the scope of investigation due to their reduced scale. Additionally, the effects of newly established, bankrupt enterprises, and enterprises with cancelled (revoked) business licenses are also considered.

III. Survey Method

Every quarter, the cultural and related industrial legal entities above the designated size shall be identified and summarized according to the data obtained from the comprehensive survey of Industrial enterprises above the designated size, wholesale and retail enterprises above the designated size and service enterprises above the designated size on the national statistical online direct reporting platform.

IV. Division on Eastern, Central, Western and Northeastern Regions

The eastern region includes 10 provinces (municipalities): Beijing, Tianjin, Hebei, Shanghai, Jiangsu, Zhejiang, Fujian, Shandong, Guangdong and Hainan; the central region includes six provinces: Shanxi, Anhui, Jiangxi, Henan, Hubei and Hunan; the western region includes 12 provinces (autonomous regions and municipalities): Inner Mongolia, Guangxi, Chongqing, Sichuan, Guizhou, Yunnan, Xizang, Shaanxi, Gansu, Qinghai, Ningxia and Xinjiang; the northeastern region includes 3 provinces: Liaoning, Jilin and Heilongjiang.