Placeholder canvas

China’s animation industry generated $3 bn in 2014

Date:

China’s animation industry has generated more than 100 billion yuan (around $16 billion) revenue last year, registering a 15% increase over the previous year.

Liu Hongge, deputy director with the centre for international cultural exchange under the Ministry of Culture, said the number is a 15% increase over the previous year, when revenue topped 87 billion yuan.

“China is keen to boost the animation sector with efforts to produce more high-quality projects,” Liu said yesterday at the opening ceremony of the 12th China (Changzhou) International Animation Art Week.

Liu added that China’s animation industry will grow rapidly in revenue in the coming years despite challenges.

Recent months have seen several domestic animation hits, including live-action animation “Monster Hunt”, whose box office sales exceeded 2.4 billion yuan in mid-September since its debut on July 16.

Liu said the government will continue to support innovative animation projects and animators.

This year, animation companies from nearly 40 countries and regions attended the China (Changzhou) International Animation Art Week, state-run Xinhua news agency reported.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Russia Adds Zelenskyy To List Of ‘Wanted’ Criminals’, Ukraine Calls It Act Of ‘Desperation’

Moscow: Amidst the ongoing conflict between Russia and Ukraine,...

Jammu and Kashmir: Massive Manhunt Underway After Terror Attack On IAF Convoy In Poonch

Poonch: In response to the terrorist attack on an...

IPL 2024: Faf-Virat Power RCB To Four-Wicket Win Over GT

Bengaluru: Royal Challengers Bangalore (RCB) weathered a tense middle-over...

Poonch Terrorist Attack: One IAF Soldier Succumbs To Injuries, Another In Critical Condition

Poonch: An Indian Air Force soldier, injured in the...