On June 6, the 10th Music Industry Forum 2025 kicked off in Beijing with exciting news: the Chinese music industry reached approximately 492.915 billion yuan (around $68.57 billion) in 2024, marking a 4.97% growth compared to the previous year. 🎵 This marks a robust recovery from challenging times and a clear signal of a steady growth phase.
The 2025 China Music Industry Development Annual Report highlights how cultural creativity and technological innovation have powered this upgrade. Even with economic pressures and external challenges, the industry is embracing a new phase of intelligent and high-quality development, tapping into booming domestic demand.
As tech advancements and creative transformation continue to reshape the landscape, the Chinese music scene is set to charm global audiences and drive further growth. The beat is strong, and the future is looking dynamic!
Reference(s):
Report: China's 2024 music industry close to 500 billion yuan
cgtn.com
