China's Hangzhou accelerates culture, creative industry

KUALA LUMPUR, Sept 24 -- The 13th Hangzhou Cultural and Creative Industry Expo 2019 was held in the eastern Chinese city, in a bid to boost its cultural industry and global charm.

According to the Publicity Department of Hangzhou Municipal Government, the five-day expo beginning Sept 19, had not only witnessed the changes and development of China's cultural industry, but also increasingly became a link of cultural exchanges between the East and West.

As Hangzhou is further developing this industry, the expo is expected to provide an important support for the city to build an international cultural and creative centre, highlighting its fresh charm.

The event had attracted over 400 foreign exhibitors from 53 countries. More than 2,000 global cultural enterprises and organisations displayed their products and services in eight exhibition areas.

The common pursuit of creativity for a better life in different cultural backgrounds worldwide was demonstrated via this international platform.

The expo involved more than 286,000 participants in exhibitions and other activities, and the total amount of onsite transactions and signed projects reached 16.75 billion yuan (of which the project financing exceeded 15 billion yuan), a record high in performance. (100 yuan = RM58.86)

Preliminary statistics showed that the added value of the cultural industry in Hangzhou reached 180.9 billion yuan last year, and the city rose to the country's top club, in terms of the scale and contribution of the sector.

-- BERNAMA