According to China Academy of media arts, the report titled '2024 Development Report of China's Music Industry' finished by Zhao Zhian, deputy dean of School of Music and Recording Art, and director of Music Industry Development Research Center was released on the 9th Forum of High-end Music Industry held on June 6th. The report disclosed that the total scale of China's music industry was about CNY 469.562 billion in 2023, increasing by 10.75% compared with the previous year.
报告:去年中国音乐产业总规模已近五千亿元
Report: last year, the total scale of China's music industry has reached nearly 500 billion yuan.
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