The Impact of Global Financial Crisis on China's Cultural Industry: An Empirical Analysis (Chinese)

ANNUAL DEVELOPMENT REPORT OF CHINESE CULTURAL INDUSTRIES, pp. 501-522, Gold Wall Press, 2009

10 Pages Posted: 8 Feb 2011

See all articles by Zhen (Peter) Ye

Zhen (Peter) Ye

Coventry University London; The University of Chicago Booth School of Business

Yisen Li

Xiamen University School of Economics

Date Written: August 1, 2009

Abstract

Global financial crisis has brought challenges and opportunities to China's cultural industries. What are the roles of cultural industries in terms of meeting the challenges of structural adjustment? What are the general and specific impacts on China's cultural industries as a result of global financial crisis? What are the prospects for industrial upgrading through cultural industries? What are the mega trends for the Chinese cultural industries? This paper adopts the official industrial classification of Chinese Ministry of Culture and assesses empirically the structure of capital, the distribution of location and financial performance in China's cultural industries in answering the above questions.

Note: Downloadable document is in Chinese.

Keywords: Global financial crisis, impact assessment, China, Cultural Industries, Performance, Capital and Distribution

JEL Classification: C1, Z1, L52, O53, R5

Suggested Citation

Ye, Zhen (Peter) and Li, Yisen, The Impact of Global Financial Crisis on China's Cultural Industry: An Empirical Analysis (Chinese) (August 1, 2009). ANNUAL DEVELOPMENT REPORT OF CHINESE CULTURAL INDUSTRIES, pp. 501-522, Gold Wall Press, 2009, Available at SSRN: https://ssrn.com/abstract=1756028

Zhen (Peter) Ye (Contact Author)

Coventry University London ( email )

University House
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HOME PAGE: http://www.peteye.eu

The University of Chicago Booth School of Business ( email )

5807 S. Woodlawn Avenue
Chicago, IL 60637
United States

Yisen Li

Xiamen University School of Economics ( email )

Xiamen, Fujian 361005
China

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