New technologies bring new opportunities

According to the calculation, the added value of national culture and related industries in 2017 was 347.2 billion yuan, accounting for 4.2% of GDP, an increase of 0.06 percentage points over the previous year. In 2017, the added value of culture and related industries maintained steady and rapid growth, and the proportion of GDP increased steadily. Today, China’s cultural industry is booming, providing effective support for the transformation, upgrading, and efficiency of the national economy. The industrial structure is also undergoing positive changes, and the industry as a whole is transforming into digital, networked and intelligent. In the process of transformation, the role of finance has become increasingly prominent. “The development of cultural industries requires financial investment in new kinetic energy,” said An Qingsong, secretary of the Party Committee and executive vice president of the China Securities Industry Association. Gu Liangfei, secretary of the Party Committee of Wudaokou Finance College of Tsinghua University, also said that the development of the cultural industry should give full play to the driving and shaping role of finance. The cooperation between the financial and cultural industries is not only a solution to the problem of money, but also a process of integrating resources, nurturing functions, and reshaping productivity.Click Here For More.

There is a long way to go. At present, new technologies such as the Internet, big data, and artificial intelligence are developing rapidly, and various new formats are emerging one after another, bringing new opportunities for cooperation between cultural industries and finance, and providing a broader space for cooperation between cultural industries and finance. As Zhang Jianhua, director and president of Hua Xia Bank Co., Ltd. said, the future integration of China’s cultural industry and finance is promising. Zhou Maofei, secretary of the Party Committee and Chairman of Beijing Cultural Investment Development Group Co., Ltd., believes that as the Internet becomes the technical support of various industries and the Internet content enters a refined operation period, the innovation of digital form, content and format will become a cultural industry. In addition, the development of 5G technology will bring unprecedented development conditions. “Future cultural industry investment trends will focus on the Internet, film industry, short video industry, knowledge paying industry, animation secondary industry, education and sports and other general entertainment industries.” Said Chen Hang, president of China Cultural Industry Investment Fund.

Since the beginning of this year, many provinces and municipalities have successively issued new regulations, creating an environment conducive to the cooperation between cultural industries and finance. At the same time, in the process of deepening the reform of the financial system, the level of franchising of financial institutions for the cultural industry has been continuously improved, and the efficiency and level of financial resource allocation have also been continuously improved. However, on the road of growth, there are not only flowers and applause, but also thorns and bumps. At this stage, there are still many problems to be solved in the process of cooperation between the cultural industry and finance.