Value Added of China's Culture and Related Industries Takes up 4.59 pct of GDP in 2023

2024-12-31 09:30 Print| Large| Medium| Small

Based on the findings of China's Fifth National Economic Census, the value added of culture and related industries nationwide in 2023 has been revised to 5.9464 trillion yuan, accounting for 4.59 percent of the gross domestic product (GDP), up by 0.17 percentage point from the previous year[1].

By industry, in 2023, the value added of culture-related services stood at 4.1158 trillion yuan, accounting for 69.2 percent of the value added of culture and related industries, an increase of 2.3 percentage points over the previous year; the value added of culture-related manufacturing came in at 1.2168 trillion yuan, accounting for 20.5 percent, a decrease of 2.6 percentage points over the previous year; the value added of culture-related wholesale and retail reached 613.8 billion yuan, accounting for 10.3 percent, an increase of 0.3 percentage point over the previous year.

By field, in 2023, the value added of the core areas of culture stood at 4.2312 trillion yuan, accounting for 71.2 percent of the value added of culture and related industries; the value added of cultural related fields came in at 1.7152 trillion yuan, accounting for 28.8 percent.

Value Added of China's Culture and Related Industries in 2023

Items

Value Added

(100 million yuan)

Proportion

(%)

Culture and related industries

59464

100.0

By industry

Culture-related manufacturing

12168

20.5

Culture-related wholesale and retail

6138

10.3

Culture-related services

41158

69.2

By activity

Core areas of culture

42312

71.2

News and information services

8982

15.1

Content creation and production

14989

25.2

Creative design services

9488

16.0

Cultural communication channels

5631

9.5

Cultural investment and operation

514

0.9

Cultural, entertainment and leisure services

2708

4.6

Cultural related fields

17152

28.8

Cultural auxiliary production and intermediary services

9350

15.7

Cultural equipment production

1899

3.2

Cultural consumption terminal production

5903

9.9

Note: Due to the rounding errors, the subentries may not add up to the aggregate totals.

Note:

[1] The data for the same period last year has been revised based on the results of the Fifth National Economic Census of China.

Annotations:

1. Explanatory Notes

Culture and related industries refer to the collection of production activities that provide cultural products and cultural related products for the public.

The value added of culture and related industries refers to the value added created by the production activities of culture and related industries conducted by all resident units in China within a specific period.

Resident units refer to economic units that have their center of economic interests within the economic territory of China.

Production refers to the activities of creating new output of goods and services by using factors such as labor, capital, and the input of goods and services under the control and management of institutional units.

2. Accounting Scope and Classification

The accounting scope of the value added of culture and related industries includes all cultural and related activities specified in the Classification of Culture and Related Industries (2018).

According to industry category, culture and related industries are divided into culture-related manufacturing, culture-related wholesale and retail and culture-related services. According to the nature of activities, culture and related industries are divided into two parts: the first is the core areas of culture, which refer to activities centered on culture as their core content, aimed at directly fulfilling people's spiritual needs through the creation, production, dissemination, and display of cultural products (including goods and services); the second is the cultural related fields, which refer to the activities required for realizing the production of cultural products, such as cultural auxiliary production and intermediary service, cultural equipment production and cultural consumption terminal production (including manufacturing and sales).

3. Accounting Method and Data Source

The value added of culture and related industries is calculated using the income approach, and the data required for the accounting are sourced from the national economic census data, national economic accounting data, statistical data of culture and related industries, etc.