China's cultural industry sees steady revenue growth in H1

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China's cultural industry saw an annual increase of 11.7 percent in revenue in the first half of 2017, the National Bureau of Statistics (NBS) said on Friday. The steady growth was guided by strong income from "Internet Plus" services.

The sector's combined revenue amounted to 4.39 trillion yuan (about 651.3 billion US dollars) in the first half of the year.

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In 2016, the sector's growth rate stood at 8.6 percent for the first half of the year and 7.5 percent for the whole year.

The NBS tracks a total of 52,000 companies across 10 cultural sectors, including six in services and four in the manufacturing industry.

Revenue from information transmission services had the highest growth, 32.7 percent year on year, followed by that from entertainment services which recorded 16.8-percent increase. Revenue from artistic services was up by 14.7 percent on annual basis.

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Some 74.9 percent of the total revenue came from the more developed eastern region, similar to last year.

China is planning to develop its cultural industry to become a pillar of the national economy by 2020 by upgrading its industrial structure, fostering major brands and boosting consumption, according to the NBS report.

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