Beijing cultural industry added value accounts 11.8% GDP

Latest statistics released by Beijing Statistic Bureau showed that from Jan to Sep in 2009 the city's cultural industry's added value makes up 11.8% GDP, compared to 10.1% in 2004. Chen Dong, vice chief of Beijing Communication Department, suggested at the third National Cultural Industry Investment Forum, that the Beijing cultural and creative industry has been on the rapid growth track, becoming an important tool for crisis protection, enhanced development and maintaining stability.

From the industrial scale point of view, there are nearly 8,000 companies in the Beijing cultural industry, which is 13.7% of the country's total. It's obvious that Beijing cultural industry gets a lot of tax from revenues and absorbs more surplus labor.

By People's Daily Online