SIP is seeing a high-quality development of cultural industry mainly relying on film and television production, animation and games, creative design and art performances and entertainment. Statistics show that the total operating income of 159 SIP-based cultural enterprises above designated size reached RMB 30.617 billion in the first half of this year, up 28.13% year-on-year. The secret for the achievements is integrated resources.

 

SIP boasts excellent working environment and enticing talent policies that are helping ensure sufficient human resources for the development of cultural industry. The latest statistics said SIP now has about 50,000 people working for cultural companies.

Apart from that, SIP authorities offer considerate financial support to cultural businesses, such as special funds earmarked for certain cultural projects, subsidies for office rents and exhibition expenditures and rewards for key projects, etc. Sufficient financial resources have enabled many cultural enterprises to have a fast expansion.

At the same time, SIP is sparing no efforts to promote integrated development of cultural industry and tourism, exhibition and other industries, and encourages local cultural enterprises to enrich their business portfolios for an omni-directional development. This is expected to help further perfect the cultural business ecosystem in the area.