Chinese people spend more than 40 billion dollars a year reading online articles!
In 2023, China's online literature industry showed a continuous growth trend. According to the “2023 Research Report on the Development of Internet Literature in China” released by the Institute of Literature of the Chinese Academy of Social Sciences, the online literature market reached 300 billion yuan, of which the reading market was 40.43 billion yuan and the IP market reached 26.5 billion yuan. The number of online literary writers reached 24.05 million, the number of works reached 36.2 million, and the number of users reached 537 million.
The Hengke Index rose more than 1%, Reading Group rose more than 10%, the A-share China Shipping Line rose higher, and gold and gas weakened
On the A-share market, the retail, Chinese shipping, real estate, internet e-commerce, and media sectors registered the highest gains, while the coal, steel, auto parts, and precious metals sectors registered the highest declines.
經濟日報集團:中期報告 – 2023/2024
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