China's digital publishing revenue hits new high in 2024

ZHENGZHOU -- China's digital publishing industry revenue reached another new high of 1.75 trillion yuan (about $245.9 billion) in 2024, according to an annual report on the industry released on Wednesday.

This figure represents an 8.07-percent increase year-on-year, with the digital revenue from books, newspapers and magazines showing steady progress, said the report unveiled in Zhengzhou, capital of Central China's Henan province, ahead of the 15th China International Digital Publishing Expo (CDPE).

Emerging sectors continued to develop strongly -- with the revenue growth of the online gaming, online education and online animation sectors proving particularly significant, the report revealed.

The report also showed that last year, the total revenue of China's online literature reached 49.55 billion yuan, which was up 29.37 percent year-on-year, while the cumulative number of online literature readers totaled 638 million, up 16 percent year-on-year.

Highlighting the global push of Chinese content, the report noted that 2024 saw 30 million new registered readers of online Chinese literature overseas, bringing the total number of active overseas readers of online Chinese literature to approximately 200 million.

Hosted by the Chinese Academy of Press and Publication, the 15th CDPE will take place in Henan from Aug 28 to 31.