China's Culture Ministry aims to raise share of high-value cultural products in foreign trade under 15th Five-Year Plan
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On September 18, China's Ministry of Culture and Tourism released the '15th Five-Year Plan for the Development of the Cultural Industry,' outlining strategies to expand and upgrade foreign cultural trade. The plan emphasizes increasing the volume and quality of cultural exports, with a focus on developing trade in cultural services, innovating digital cultural trade, and raising the share of high-value-added cultural products and services. It encourages cultural enterprises to go global by refining brand building, product production, and overseas sales channels, and to launch products that meet international demand with rich cultural content. The plan aims to consolidate competitive advantages in digital culture sectors, explore export potential in performing arts, animation, creative design, and China-chic products, and enhance export value in arts and crafts, stage equipment, and gaming devices. It also supports combining 'going global' with 'bringing in' by introducing outstanding foreign cultural products and services.
Source report
Jin10 Data, September 18 — The Ministry of Culture and Tourism has recently released the 15th Five-Year Plan for the Development of the Cultural Industry. The plan emphasizes efforts to increase both the volume and quality of foreign cultural trade.
Key highlights of the plan include:
- Optimizing and upgrading cultural product trade
- Vigorously developing cultural service trade
- Innovating digital cultural trade
- Increasing the share of high-value-added cultural products and services in foreign cultural trade
The plan encourages cultural enterprises to pursue international operations, supporting them in refining brand building, product production, and overseas sales channels. It also promotes the launch of more products that meet international market demand while possessing rich cultural connotations.
Specific objectives include:
- Consolidating competitive advantages in the overseas expansion of the digital culture sector
- Exploring export potential in fields such as performing arts, animation, creative design, and China-chic cultural and creative products
- Enhancing the export value-added of products including arts and crafts, stage equipment, and gaming and amusement devices
Additionally, the plan promotes combining "going global" with "bringing in," supporting the introduction of outstanding foreign cultural products and services.
Source
金十数据Eastern
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China unveils 15th Five-Year Plan to boost cultural exports of games, animation, and toys