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Policy Options to Strengthen Innovation in the Operation and Management System for State-owned Cultural Assets under the New Normal (No 131, 2015)


By Xu Pengcheng, Asset Management Office of DRC

Research Report No 131, 2015 (Total 4816)


The report of the 18th National Congress of the Communist Party of China pointed out that we would develop China's cultural industry into the pillar of national economy by 2020, thus laying a more solid foundation for developing a strong socialist culture in China. As the major force boosting socialist culture, the state-owned cultural industry has entered a new stage of rapid growth under this context. Strengthening the operation and management system for state-owned cultural assets has thus become an important task for present development. This paper provides policy options to strengthen innovation in the operation and management system for state-owned cultural assets which include the following seven aspects: establishing a sound management system for state-owned cultural assets, propelling the growth of the cultural industry through developing cultural undertakings, exploring a profit model of state-owned cultural enterprises based on the characteristics of the cultural industry, establishing a diversified financing mode, enhancing the financial and fund management of state-owned cultural enterprises, reinforcing the performance evaluation system for state-owned cultural enterprises, and shoring up the training of professionals.