Beijing's culture trade expands steadily

BEIJING -- Beijing's culture trade reported steady growth in 2018 with its foreign trade volume up 17.5 percent year on year, according to the ongoing 2019 China International Fair for Trade in Service.

The export and import volumes of Beijing's culture trade topped 6.02 billion U.S. dollars in 2018. Up to now, the capital's cultural and service products have been exported to over 140 countries and regions.

Beijing also maintained upbeat momentum in sectors of animation, comic and games (ACG), press and publication, film and television, as well as service trade, said Dong Dianyi, vice director of Beijing's State-owned Cultural Assets Supervision and Administration Office.

In recent years, Beijing has promoted industry convergence between its cultural sector and fields of technology and finance, said Zhao Lei with the city's publicity department.

Beijing will push forward a series of measures to facilitate financing in the cultural sector and improve the related business environment, said Dong.

As Beijing shifts away from old-growth drivers, the service industry is now a key growth engine that firmly steers the economy forward.