Core Insights - The National Bureau of Statistics of China reported that in the first half of the year, cultural enterprises achieved operating income of 71,292 billion RMB, a year-on-year increase of 7.4%, which is 1.2 percentage points higher than the growth rate in the first quarter [1] - The core cultural sectors generated operating income of 48,445 billion RMB, reflecting a 10.0% year-on-year growth, surpassing the first quarter's growth by 2.9 percentage points [1] - The cultural service industry significantly supported this growth, with operating income of 39,218 billion RMB, a 10.7% increase year-on-year, and accounting for 55.0% of the total income of large-scale cultural enterprises, up 1.6 percentage points from the previous year [1] Industry Performance - Sixteen sub-sectors characterized by new cultural business models achieved operating income of 31,564 billion RMB, a 13.6% year-on-year increase, which is 6.2 percentage points higher than the overall growth of large-scale cultural enterprises [1] - The contribution rate of these new business model sectors to the overall growth of large-scale cultural enterprises was 76.8% [1] - Specific sub-sectors such as the manufacturing of entertainment drones, digital content services, and internet advertising services showed particularly high year-on-year growth rates [1] Profitability - In terms of profitability, large-scale cultural enterprises reported a total profit of 6,298 billion RMB, marking a 19.3% increase compared to the same period last year [2] - Out of 43 industry categories, 38 categories reported profitability [2]

Core Insights - The cultural enterprises in China achieved a revenue of 71,292 billion yuan in the first half of 2025, marking a year-on-year growth of 7.4% [1] - The new cultural business models contributed significantly, with 16 sub-sectors generating 31,564 billion yuan, reflecting a growth of 13.6%, which is 6.2 percentage points higher than the overall growth of cultural enterprises [1] - The cultural service industry played a crucial role, generating 39,218 billion yuan, a 10.7% increase compared to the previous year, accounting for 55.0% of the total revenue of large-scale cultural enterprises [2] Revenue Growth by Sector - The core cultural sectors generated 48,445 billion yuan, with a growth rate of 10.0%, surpassing the first quarter's growth by 2.9 percentage points [3] - The content creation and production, creative design services, and news information services sectors saw double-digit growth rates of 11.8%, 11.8%, and 10.8% respectively [3] - The cultural manufacturing and retail sectors reported revenues of 19,944 billion yuan and 12,130 billion yuan, with growth rates of 3.1% and 4.6% respectively [2] Profitability - The total profit of large-scale cultural enterprises reached 6,298 billion yuan, representing a year-on-year increase of 19.3% [4] - The operating profit margin improved to 8.83%, an increase of 0.88 percentage points from the previous year [4] - Out of 43 industry categories, 38 reported profitability, with digital content services and internet information services being significant contributors to the overall profit [4]