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China's cultural industrial sector revenue up 4.6 pct in H1

China

China

China

China's cultural industrial sector revenue up 4.6 pct in H1

2026-07-30 11:20 Last Updated At:14:47

China's cultural and related industries recorded steady revenue growth in the first half of 2026, driven largely by emerging business formats, data from the National Bureau of Statistics (NBS) showed on Thursday.

Revenue of large cultural enterprises, each with annual revenue from principal business reaching 20 million yuan or above, was 7.2026 trillion yuan (1.061trillion U.S. dollars) in the January-June period, up 4.6 percent year on year, according to a survey of 82,000 such enterprises nationwide.

The 16 subsectors with notably distinctive new cultural business formats, including digital publishing and internet-based cultural entertainment platforms, generated 3.5239 trillion yuan in revenue, surging 9.6 percent year on year.

By industry, cultural manufacturing revenue edged down 0.4 percent year on year to 1.7851 trillion yuan, while wholesale and retail dipped 0.1 percent to 1.094 trillion yuan.

However, cultural services played a key supporting role. In the first half of the year, the cultural services sector generated 4.3235 trillion yuan in operating revenue, up 8.1 percent year on year.

Revenue from cultural services enterprises accounted for 60 percent of all large cultural enterprises of the kind, rising 1.9 percentage points from the same period last year. Among them, subsectors such as cultural investment and asset management, as well as cultural event services, achieved double-digit revenue growth.

China's cultural industrial sector revenue up 4.6 pct in H1

China's cultural industrial sector revenue up 4.6 pct in H1

China's cultural industrial sector revenue up 4.6 pct in H1

China's cultural industrial sector revenue up 4.6 pct in H1

About 2 million elderly people with disabilities in China have received government subsidies to purchase caregiving services so far this year, the country's Ministry of Civil Affairs announced Thursday at a press conference.

The subsidies are available to older individuals who have been assessed as having moderate or more severe disabilities, based on criteria that evaluate their ability to perform daily activities as well as their mental, sensory and cognitive functions.

The Chinese government rolled out this nationwide subsidy program at the beginning of this year, after several months of pilot in limited regions. So far, elderly care service providers across the country have recorded more than 6.5 billion yuan (about 957 million U.S. dollars) in service payments covered by the subsidies, according to the ministry.

The ministry estimated that the subsidy program has generated about 29 billion yuan in growth for the elderly care service sector.

2 mln elderly people receive caregiving service subsidies in China in 2026: ministry

2 mln elderly people receive caregiving service subsidies in China in 2026: ministry

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