Opinion Flash
Report: China’s Entertainment & Media see robust growth
CGTN | Updated: 2018-06-15 12:50

According to a report from global accounting firm PwC, China's entertainment and media (E&M) industries will continue to see robust growth over the next five years, with the combined revenue reaching $343 billion by 2022.

The report, released on June 13, said China’s growth pace is substantially higher than the 4.4 percent global average in this sector.

The Internet would continue to serve as a major driving force for the E&M industries as widespread mobile networks and evolving digital technology had created enormous development potential.

The report marked five emerging areas that China has advantages, including Global streaming services, Internet advertising, Video games and e-Sports, cinema, and Music, radio, and podcast.

According to a report from global accounting firm PwC, China's entertainment and media (E&M) industries will continue to see robust growth over the next five years, with the combined revenue reaching $343 billion by 2022.

The report, released on June 13, said China’s growth pace is substantially higher than the 4.4 percent global average in this sector.

The Internet would continue to serve as a major driving force for the E&M industries as widespread mobile networks and evolving digital technology had created enormous development potential.

The report marked five emerging areas that China has advantages, including Global streaming services, Internet advertising, Video games and e-Sports, cinema, and Music, radio, and podcast.