Development of the Chinese cultural and creative industry in 2014
Against 2013, China's cultural and innovation industry growth exhibited the following five fundamental characteristics in 2014:
1. Investment grew by close to 20% led by the news and publishing sectors
2. Capital in pursuit of culture, with film the most popular of the lot
3. Engulfed by the internet thinking, as the IP mode held sway
4. Repeated launches of cultural financial products, to meet the demand of cultural enterprises
5. Tax subsidies of more than Rmb 10 billion with small, medium-sized and micro enterprises the biggest beneficiaries