Fund established to support musical development in Chengdu

Authors: Xinhuanet

2017-09-27

A fund of 5 billion yuan (759 million U.S. dollars) has been set up in Chengdu, capital of southwest China's Sichuan Province, in support of musical development.
The fund will be used in three phases. The first phase will see 800 million yuan used to train musicians, bring music festivals and concerts to Chengdu, and attract performing arts agencies to the city.
In the second phase, about 1.2 billion yuan will be spent on buying shares of leading domestic music companies.
The rest of the fund will be spent on creating a music town in Chengdu, which will involve various links of the music industry, ranging from copyrights to performing arts, education and musical training.
Chengdu authorities announced 2016 that they would support the development of the music industry by offering a series of favorable policies.
"The fund will boost the development of original music," said Xu Xiaofeng from Beida Jade Bird Co. Ltd, which co-established the fund.
(source: news.xinhuanet.com, September 22, 2017)

Music, On the Scene

About IMC Live Group: Based in Singapore, IMC Live Group is a corporate group that engages in managing concerts and other activities with offices in China, Thailand and Malaysia.

Aug 10, 2017

Kuan Zhai Alley Midsummer Spacial Art Week 2017

Kuan Zhai Alley Midsummer Spacial Art Week 2017, a cultural event featuring performance art, music show, electronic interactive art and graffiti art, will open on Aug. 12 at the Wide & Narrow Alleys.

Aug 09, 2017

Budweiser Storm Music Festival Sweep Fans off Their Feet in Chengdu

2017 Budweiser Storm Electronic Dance Music (EDM) Festival was staged August 12-13 in Chengdu, offering a dynamic and energetic audio-visual feast to local EDM fans.

Aug 21, 2017

MDSK Music Festival

The MDSK Music Festival, the first large-scale one of its kind in China, will be staged on Sept. 2-3 at International Intangible Cultural Heritage Park in Chengdu.

Aug 30, 2017

Share to WeChat Close
Scan via WeChat!

About Us | Privacy Policy | Terms of Use | Link to Us | Contact Us

蜀ICP备14024942号-1 Go成都 www.gochengdu.cn