The Value-added of Corporate Units of Cultural and Related Industries in 2012

By CnAgri Print

Based on relevant materials, the value-added of corporate units of cultural and related industries (hereafter referred to as cultural industries) in 2012 was estimated, and the results are as follows:

I. Cultural industries achieved rapid growth. In 2012, the value-added of corporate units of cultural and related industries (hereafter referred to as cultural industries) was 1,807.1 billion yuan, up by 16.5 percent over last year, and 6.8 percentage points higher than the GDP growth rate at current price in the same period, when estimated with the same caliber and at current price(the same below).

II. The share of the value-added of corporate units of cultural industries in national economy increased steadily. The value-added of corporate units of cultural industries accounted for 3.48 percent of gross domestic product (GDP) of the year, up by 0.2 percentage point over last year when estimated with the same caliber. Cultural industries’ contribution to the economic gross increase accounted for 5.5 percent.

III. The composition of cultural industries remained relatively stable. In 2012, the value-added of corporate units of cultural manufacturing achieved 725.3 billion yuan, increased 17.4 percent over last year; that of cultural wholesale and retail was 118.7 billion yuan, increased 9.4 percent; that of cultural service was 963.1 billion yuan, increased 16.7 percent. The value-added of cultural manufacturing, cultural wholesale and retail, cultural service accounted for 40.1, 6.6, and 53.3 percent respectively of the value-added of corporate units of cultural industries, with no significant change when compared with that in the previous year, which achieved 39.8, 7.0 and 53.2 percent respectively.

Annotations:

1. Explanatory Notes

Cultural and related industries refer to the collection of production activities which provide cultural and culture related products to the public. The value-added of corporate units of cultural and related industries refers to the added value created by the corporate units during a reporting period under all the industries, in accordance with the provision of “Cultural and Related Industries Classification (2012)”, as well as the transfer value from fixed assets, and reflects the output value more than the value of intermediate inputs during the producing process.

2. Estimation Standard and Coverage

In order to normalize cultural and related industries statistics, the NBS promulgated and implemented the “Cultural and Related Industries Classification” in 2004, which clearly defines the cultural and related industries statistical range. In 2012, the classification was revised by the NBS, and the “Cultural and Related Industries Classification (2012)” was promulgated. Since 2012, the NBS uniformly implemented the new standard of the “Cultural and Related Industries Classification (2012)” nationwide. The coverage of the value-added of corporate units of cultural and related industries includes corporate units under all the industries in accordance with the provision of “Cultural and Related Industries Classification (2012)”.

3. Esimation Methods and Data Sources

According to the “Statistics Program of Cultural and Related Industries” developed by the NBS, the national value-added data of cultural and related industries was estimated using income approach. During the estimation, based on the main activities of corporate units engaged in, the value-added of cultural manufacturing, cultural wholesale and retail, cultural service were estimated respectively, and the value-added of cultural and related industries was the sum of these three items. Of which, the value-added of corporate units of cultural manufacturing, cultural wholesale and retail, cultural service above designated size was estimated according to the annual report of direct reporting on network of the NBS; the value-added of other corporate units as enterprises and public institutions was computed based on related data of the second national economic census.

4.Data Revision

According to the new standard of the “Cultural and Related Industries Classification (2012)”, the published value-added data and related data of cultural and related industries in 2011 have been revised. Under the new caliber, the value-added of cultural and related industries in 2011 was revised from 1,347.9 billion yuan to 1,551.6 billion yuan, and the ratio of value-added of cultural and related industries to GDP in 2011 was revised from 2.85 percent to 3.28 percent.