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2026-07-30T06:27:52.805Z

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Emerging Chinese cultural firms outpace sector growth

Emerging Chinese cultural firms outpace sector growth

Chinese data shows that emerging cultural companies in China experienced greater growth than the overall cultural sector during the first half of 2026. Revenues of 82,000 major cultural companies reached approximately 7.2 trillion yuan (around $1.06 trillion), a 4.6% increase compared to the previous year. More than 16 subcategories of cultural businesses mainly grew by 9.6%. The cultural services sector remains the primary source of growth, with revenues up by 8.1%. Despite the profits of major cultural enterprises shrinking by 7.5% to 574.7 billion yuan, industry resilience is evident, with a focus on emerging business models to promote high-quality development of China’s cultural sector.

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