Guangdong: Cultural industries to boom by 2020

Published on 11/30 2017  Source: Science and Technology Daily


The cultural industry and related sectors are projected to generate more than 170 billion yuan ($26 billion) in annual industrial added value by 2020 in Guangzhou, capital of Guangdong province. That's according to an action plan to promote the integrated development of the city's cultural creativity and design services with related businesses in 2016-20. The city government will support the research and commercialization of technologies in sectors that are related to the cultural industry. They include big data, cloud-computing, virtual reality and the internet of things.