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China hopes to duplicate world's music profits

Updated: 2013-03-12 05:41
By Mu Qian ( China Daily)

China hopes to duplicate world's music profits

Although considered the most popular Chinese pop duo, Phoenix Legend still has limited international influence. Guo Guoquan / For China Daily

For the first time in 14 years, the global recorded music industry grew in 2012. The International Federation of the Phonographic Industry's annual Digital Music Report announces a rise in revenues by an estimated 0.3 per cent in 2012, to $16.5 billion.

China hopes to duplicate world's music profits

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