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China’s publishing industry records 19% growth
July 20, 2011
July 20, 2011. China’s publishing industry saw a 19% increase in its gross output in Y 2010, despite a marked trade deficit with much fewer exported publications than imports, according to a government report released Wednesday.
The industry’s gross output topped 1.26T Yuan (US$196.7B) in Y 2010, with the value-added up 13% from Y 2009 to hit 350B Yuan, according to a report of China’s publishing industry in Y 2010, released by the General Administration of Press and Publication (GAPP) at a symposium in southwestern Chongqing Municipality.
The output of digital publishing in Y 2010 was up by 31.6% Y-Y, and its value-added up 23.7%, the report said.