Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, July 18 (Xinhua) — China's online literature industry is expected to generate revenue of 49.55 billion yuan (about 6.9 billion U.S. dollars) in 2024, up 29.37 percent year on year, showing strong resilience and promising prospects for the industry, according to a report from the China Audio, Video and Digital Publishers Association (CADPA).
A report released at the 8th China Online Literature Conference, which opened on Thursday, said there would be a total of 42.1 million online literary works in the country by the end of 2024, up 4.2 million from 2023. Meanwhile, the number of online literature users in the country reached 638 million last year, up 16 percent year on year.
In 2024, Chinese online literature has become a new form of mass cultural art and promoted the development of a diversified value system in the industry, and its integration with short dramas has opened up new paths for the transformation of the industry, said Zhang Yijun, first vice president of the association.
Last year, the number of adaptations of Chinese literature increased by 14.55 percent year-on-year to 83,250, making online literature an important means of promoting Chinese culture overseas. -0-
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