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Views from FICI

Cultural industries not only need ‘interference’ and support from the public and the government, but also that from the individuals. As is seen in a survey, cultural industries contribute more to GPP growth rate than traditional sector like catering. Employees in the industries usually possess more sophisticated skills. Most of them are higher-educated. In some sense, they would be more effective in the cultural field than in other fields.

By Rasmus Wiinstedt Tscherning, Official Spokesman for EU & Director General of Education and Culture Dept.

The financial crisis forced us to change the pattern of economic development and optimize the industrial structure. The cultural industries are science-intensive, environmental-friendly, and resource-saving and have great potential. They can enhance the social consumption and serve to improve the export mix, and will definitely become new economic growth points and pillar industries in national economy.

By Zhao Shaohua,Vice Minister of Ministry of Culture of PRC

In underdeveloped areas we must take an open minded approach to developing cultural industries. Meanwhile, we must hold fast to values of local culture and manifest its distinctive features during the development. Only with open mind can we create a versatile cultural environment and drive cultural industries’ growth through world-wide learning and non-stop innovation to advance with the times.

By Li Kang, Vice Chairman of Guangxi Zhuang Autonomous Region

As we have seen, the development of cultural industries is the prerequisite for the comprehensive, coordinated and sustainable development of the western regions, one of the most effective methods of the strategic adjustment of economic structure, and an important approach to lead great leap of economic society and to shorten the distance between the eastern and western regions. The cultural industries have already become greatly important for the economic and social development in the western regions.

By Dan Zeng, Vice-President of China Federation of Literary and Art Circles and China Writers' Association

The western development theories are challenged after failure of global monetary and financial system, which represents the extreme point of humanity’s historical development. We need to introspect what we have done. We must make decisions in respect to humanity to unite people against cultural disunity.

By Su Zhenxi, Former mayor of Melbourne, Australia

The most important is whether there are any institutional investors willing to invest into Chinese cultural industries, rather than the volume of money drawn in. The Growth Enterprise Market provides more convenient financial channels for small and medium enterprises, and builds an exit mechanism for venture capitals.

By Xiong Xiaoge,President of IDG Asia

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