How best to improve culture industry
The State Council recently adopted a plan on the development of cultural industries with an eye to introducing market players, promoting competitiveness and enhancing GDP growth. We cannot expect overnight success. Much needs to be done to create favorable environment for further development, says an article in Changjiang Daily. Excerpt:
In the post-Cold War era, the cultural industry, increasing at an annual rate of 11.3 percent, has become a component of the world economy. Added value created by cultural industries generally accounts for more than 10 percent of GDP in advanced countries - 12 percent in the US and 17 percent in Japan. In contrast, China's cultural industry has a growth rate of just 3 percent.
Despite its large-scale development for more than 10 years, China's cultural industry still has its share of problems. Take TV programs for example.