City Ranks 3rd Nationwide in Cultural, Creative Industries

Authors: Go Chengdu

2017-10-26

A recent big data analysis report shows that Chengdu, with more than 3 billion online searches and page views of key words about it, ranked third among the six national central cities in China, only after Beijing and Shanghai, in terms of its development in the cultural and creative industries.
The city gained a growth rate of 27.24% involving Chinese netizens' attention to its cultural and creative industries, higher than those of Beijing, Shanghai, Guangzhou, Tianjin, and Chongqing. Innovation and creation are important connotations of Chengdu's Tianfu Culture. The big data in the report show the city performs well in the cultural and creative industries.
Cultural & Creative Industries Contribute 5.2% to the City's Total GDP
With a strong momentum of growth, the cultural and creative sector has become one of the city's pillar industries. Up to now, Chengdu has been home to over 7,000 foreign-funded companies, 281 Fortune Global 500 companies, 231 carriers of entrepreneurship and innovation, covering 16.03 million square meters, as well as 47 national makerspaces.
After the White Paper on Chengdu's Industrial Development was published in July 2017. The five centers focusing on cultural and creative industries projected in the document obtained more than 1 million online searches and views. Chengdu, as one of China's six central cities and western China's center of economy, science & technology, finance, cultural creativity and international exchange, as well as hub of transportation and telecommunication, is abundant in educational resources. It has been home to 56 universities and higher learning institutions, including the Sichuan University and UESTC, 30 national sci-tech research institutions including the CAS Chengdu branch, and 87 national labs including one specializing in traction power and another one in biotherapy.
Talented people, the driving force of hi-tech innovation
The data show that the words such as AI, Sharing Economy (aka: Peer-to-Peer Business or Collaborative Consumption), and the Internet of Things have all got an over 100 million plus reading capacity each. Chengdu offers annually over 300,000 college graduates, and it now has 4.43 million talented people, including 36 CAS and CAE members, 169 China's Thousand Talent Program members, 502 Sichuan's Thousand Talent Program members, and 1.35 million professional and technical personnel. As of the end of 2016, there had been 15,444 legal entities in the cultural and creative industries, with 464,000 employees, topping all cities in central and western China.
"Chengdu will benefit a lot from its huge talent pool, realize economies of scale, and maximize its competitiveness," said Ni Pengfei, Director of the CASS research center for city and competitiveness. Ni foresees a great potential for Chengdu in advanced manufacturing, modern service sector, and cultural and creative industries, etc.
Cultural and creative industries to make a better city with more sustainable growth
In 2016, with an added value of RMB63.36 billion, Chengdu accomplished an operating revenue of over RMB260 billion in the cultural and creative industries, representing 5.2% of the local GDP. For the time being, the city sees a fast growth in the sectors involving media, cultural tourism, creative design, performing arts and entertainment, literature and creation of original artwork, animation, comic & game (ACG), and publication and distribution. It is a national model of convergence between the cultural industries and science and technology, and China's fourth city of ACG and third city of mobile game. To date, the city has initiated the International Festival of Intangible Cultural Heritage (Chengdu, China), Chengdu Creativity and Design Week, and Chengdu International Music and Poetry Festival. It is also home to an international art bonded trading platform which is the fourth of its kind in the Chinese mainland and the first in central and western China.
According to a blueprint on building Chengdu into western China's center of cultural and creative industries, by 2022 the city will make greatest efforts to realize an added value of RMB260 billion in the cultural and creative industries, contributing 12% to the local GDP.

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