The Financial Crisis and the Development Opportunity of China’s Cultural Industry

For the development of cultural industry, a financial crisis means both a challenge and an opportunity. Cultural industry is a new kind of industry with great development potential. In previous times of economic or financial crisis, the culture industry plays a key role for all governments in coping with. During this world’s financial crisis, China's cultural industry is showing a fast-growing trend against the depressed markets generally. The plan to promote it has created the conditions for the further development of cultural industry. We should hold the opportunity, study the current situation and the developmental predicament of cultural industry carefully, plan new developmental strategies, enhance the competitiveness of our cultural industry greatly. Going ahead in a crisis and turning adversity into opportunity, we will achieve better and faster development.