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Investment, innovation in focus at Beijing's Conference of Cultural Sector Investors

Photo: Beijing Culture Forum

The Beijing Culture Forum hosted its Conference of Cultural Sector Investors on September 24, emphasizing the role of finance and technology in driving the next phase of China's cultural sector.

The conference attracted representatives from government agencies, industry groups, over 100 investment institutions, and 400 cultural and technology innovation firms.

Photo: Beijing Culture Forum

Keynote speakers, including Jiang Xiaojuan, a professor at the University of Chinese Academy of Social Sciences, iQIYI founder and CEO Gong Yu, and executives from Beijing Bank and the Malanshan Video Cultural and Creative Industrial Park (a dedicated zone for video and cultural creative industries in Changsha, Hunan), highlighted the critical role of financial support and technological innovation in driving the sector's growth.

Photo: Beijing Culture Forum

Meanwhile, more than 50 cooperation agreements were signed on-site, covering digital publishing, cultural tourism, creative technology, and AI applications for media and museums.

According to the National Bureau of Statistics of China, the country's cultural industries generated a record 19.1 trillion yuan in revenue in 2024, with large enterprises accounting for 14.2 trillion yuan, a 6% year-on-year increase. In the first half of 2025, revenue rose a further 7.4%, underscoring the sector's momentum as new digital business models emerge.

Reporter: Zeng Xiangxing

Editor: Hu Nan, James Campion, Shen He

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