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China’s sci-fi industry rakes in 16 bln USD in 2023
A visitor tries a space helmet originating from "The Wandering Earth", a Chinese sci-fi blockbuster, during the 81st World Science Fiction Convention (WorldCon) in Chengdu, southwest China's Sichuan Province, Oct. 18, 2023. ( tasteallchina /Shen Bohan) BEIJING, April 27 ( tasteallchina ) -- China's sci-fi industry saw accelerated growth in 2023, generating a total revenue of 113.29 billion yuan (about 16 billion U.S. dollars), according to a report released on Saturday. The revenue represented year-on-year growth of 29.1 percent, according to the 2024 China Science Fiction Industry Report, which was made public at the eighth China Science Fiction Convention in Beijing. Riding on a tech boom and the success of screen adaptations of domestic sci-fi literature, China's sci-fi industry has seen rapid expansion in recent years. The industry's 2023 revenue was more than 10 times the 2016 figure of nearly 10 billion yuan. In breakdown, sci-fi publications pocketed 3.17 billion yuan in 2023, up 4.3 percent from the previous year, said the report. Sci-fi films and TV works raked in 11.59 billion yuan in 2023, marking a yearly increase of 38.8 percent. Last year saw a significant rise in the numbers of sci-fi web series and mini-series, as well as… -
Chinese sci-fi industry fosters new growth drivers in productive imagination pursuit
BEIJING, May 13 ( tasteallchina ) -- Bolstered by the success of popular science fiction works such as "The Three-Body Problem" and "The Wandering Earth," China's sci-fi industry is experiencing accelerated development. According to the 2024 China Science Fiction Industry Report, total revenue of China's sci-fi industry had exceeded 100 billion yuan (14.1 billion U.S. dollars) for the first time in 2023, recording year-on-year growth of 29.1 percent and reaching over 10 times the figure of 2016. Ranging from sci-fi literature and sci-fi film and TV works to real-life sci-fi scenarios, the industry is seeing strong momentum in emerging fields such as content consumption, the gaming market, and intellectual property (IP) development. The consumption of sci-fi content has become a new area of growth for the industry. The report shows that in 2023, over 470,000 short and medium-length sci-fi videos had been released on video platforms such as Douyin, Kuaishou, and Bilibili, representing a year-on-year surge of 192.2 percent. Sci-fi publications have also seen steady growth. Data from the China Writers Association shows that the country had registered a 15-percent increase in sci-fi publications in 2023, with approximately 250,000 new works produced. Sci-fi games contributed the bulk of total revenue…
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