Business Revenue of Enterprises above the Designated Size Engaged in Culture and Related Industries in the First Quarter of 2024

According to a survey of 76,000 enterprises above the designated size engaged in culture and related industries (hereinafter referred to as cultural enterprises) nationwide, in the first three quarters of 2024, the cultural enterprises achieved business revenue of 3,105.7 billion yuan, up by 8.5 percent [1] over that of the previous year on a comparable basis (see Annotation 2 for details). Among them, the 16 industry categories with obvious characteristics of new cultural business formats [2] achieved a business revenue of 1,263.3 billion yuan, up by 11.9 percent over that of the previous year, and 3.4 percentage points higher than that of all cultural enterprises above the designated size.

In terms of industrial types, the business revenue of culture-related manufacturing industry was 924.0 billion yuan, up by 5.4 percent over that of the previous year; that of the culture-related wholesale and retail was 548.5 billion yuan, up by 6.8 percent; and that of the culture-related services was 1,633.1 billion yuan, up by 10.9 percent.

By field, the business revenue of core areas of culture [3] stood at 2,092.1 billion yuan, up by 10.3 percent over that of the previous year; that of cultural related fields reached 1,013.6 billion yuan, up by 4.7 percent.

By industry category, the business revenue of news and information services stood at 410.1 billion yuan, up by 11.1 percent over that of the previous year; that of content creation and production was 705.4 billion yuan, up by 12.0 percent; that of creative design services was 521.9 billion yuan, up by 10.4 percent; that of cultural communication channels was 402.6 billion yuan, up by 6.8 percent; that of cultural investment and operation was 14.5 billion yuan, up by 10.4 percent; that of cultural, entertainment and leisure services was 37.5 billion yuan, up by 10.5 percent; that of cultural auxiliary production and intermediary services was 358.3 billion yuan, up by 7.3 percent; that of cultural equipment production was 137.8 billion yuan, up by 6.0 percent; and that of cultural consumption terminal production was 517.5 billion yuan, up by 2.7 percent.

In terms of regions, the eastern region achieved a business revenue of 2,475.9 billion yuan, up by 9.2 percent over that of the previous year; the central region achieved 349.1 billion yuan, up by 6.5 percent; the western region achieved 252.4 billion yuan, up by 4.9 percent; and the northeastern region achieved 28.2 billion yuan, up by 5.0 percent.

In the first quarter of 2024, cultural enterprises achieved total profits of 211.6 billion yuan, up by 5.8 percent over the previous year; and the profit rate of business revenue was 6.81 percent, a year-on-year decrease of 0.17 percentage point. At the end of the first quarter of 2024, the assets of cultural enterprises totaled 19,732.9 billion yuan, up by 7.6 percent over that of the previous year; and the business revenue brought by per-hundred-yuan assets was 63.0 yuan, up by 0.5 yuan year on year.

Business Revenue of Enterprises above the Designated Size Engaged in Culture and Related Industries in the First Quarter of 2024

Notes:

[1] Unless otherwise specified, the growth rate in the table is the nominal growth rate without deducting price factors.

[2] The sixteen industries with obvious characteristics of new formats are: radio and television integrated broadcast control, Internet search service, other Internet information services, digital publishing, other cultural and art industries, animation, game digital content services, Internet game services, multimedia, game animation and digital publishing software development, value-added telecommunication cultural services, other cultural digital content services, Internet advertising service, Internet culture and entertainment platform, copyright and culture software service, intelligent UAV manufacturing for entertainment, wearable intelligent cultural equipment manufacturing, and other intelligent cultural consumer equipment manufacturing.

[3] Core areas of culture include six industries are: news and information services, content creation and production, creative design services, cultural communication channels, cultural investment and operation, cultural entertainment and leisure services. Cultural related fields include three industries are: cultural auxiliary production and intermediary services, cultural equipment production, and cultural consumption terminal production.

Annotations:

I. Explanatory Notes

Culture and related industries refer to the collection of production activities that provide cultural products and cultural related products for the public. According to the Classification of Culture and Related Industries (2018), culture and related industries include nine categories: news and information services, content creation and production, creative design services, cultural communication channels, cultural investment and operation, cultural entertainment and leisure services, cultural auxiliary production and intermediary services, cultural equipment production and cultural consumption terminal production.

Business revenue refers to the inflow of economic benefits resulting from production and operation activities such as the sale of goods, the provision of services and the transfer of the right to use assets by the enterprise in the reporting period, including the main business revenue and other business revenue.

Total profit refers to the surplus of the enterprise in the production and operation process during the reporting period after deducting various expenses, reflecting the total profits and losses achieved by the enterprise during the reporting period.

Total assets are resources resulting from past transactions or events that are owned or controlled by the enterprise and are expected to result in economic benefits to the enterprise at the end of the reporting period.

Profit rate of business revenue=total profit÷business revenue×100%, unit: %.

Business revenue brought by per-hundred-yuan assets=business revenue÷average assets÷accumulative months×12×100, unit: yuan.

II. Statistical Coverage

The statistical scope of cultural and related industries above the designated size is industrial enterprises within the industry scope specified in the Classification of Cultural and Related Industries (2018) with an annual main business revenue of 20 million yuan or above; wholesale enterprises with annual main business revenue of 20 million yuan or above or retail enterprises with annual main business revenue of 5 million yuan or above; service enterprises with an annual business revenue of 10 million yuan or above, of which the transport, storage and post, information transmission, software and information technology services, water conservancy, environment and public facilities management with annual business revenue of 20 million yuan or above, and residential services, repair and other services, culture, sports and entertainment with annual business revenue of 5 million yuan or above.

As the scope of enterprises above the designated size engaged in culture and related industries changes every year, in order to ensure that the data of this year are comparable with that of the previous year, the same period number used to calculate the year-on-year growth rate of indicators, such as the business revenue of enterprises above the designated size engaged in culture and related industries, should be consistent with the statistical scope of enterprises in this period, and there will be a difference in caliber from the data published last year. The main reason is that every year, some enterprises that meet the standards to be above the designated size are included in the scope of investigation. At the same time, some enterprises withdraw from the scope of investigation due to their smaller scale, and there are also the effects of enterprises that are newly established, bankrupt and enterprises with their business licenses cancelled (revoked).

III. Survey Method

Every quarter, the cultural and related industrial legal entities above the designated size shall be identified and summarized according to the data obtained from the comprehensive survey of Industrial enterprises above the designated size, wholesale and retail enterprises above the designated size and service enterprises above the designated size on the national statistical online direct reporting platform.

IV. Division on Eastern, Central, Western and Northeastern Regions

The eastern region includes 10 provinces (municipalities): Beijing, Tianjin, Hebei, Shanghai, Jiangsu, Zhejiang, Fujian, Shandong, Guangdong and Hainan; The central region includes six provinces: Shanxi, Anhui, Jiangxi, Henan, Hubei and Hunan; The western region includes 12 provinces (autonomous regions and municipalities): Inner Mongolia, Guangxi, Chongqing, Sichuan, Guizhou, Yunnan, Xizang, Shaanxi, Gansu, Qinghai, Ningxia and Xinjiang; The northeastern region includes 3 provinces: Liaoning, Jilin and Heilongjiang.