Animation industry in China - and global

Research and Markets: In 2004, the global production value of gaming, animation and derivative products reached over $500 billion. The animation industry has become the biggest industry in the UK and the second biggest in Japan. The production value of the Chinese animation industry recorded over RMB 30 billion in 2004, RMB 70 billion in 2005 and is projected to reach RMB 300 billion in 2009.

The author believes that an environment conducive to the development of the Chinese animation industry has been securely formed; and that since the industry chain is becoming increasingly mature, the industry will start developing rapidly after several years of adjustment. An upsurge in Chinese animation investment, which is represented by substantial private capital in Jiangsu and Zhejiang provinces, has caused Hangzhou (capital of Zhejiang province) to become a significant animation base in China. Animation manufacturers such as Hengdian Group and SNDA will become the first Chinese animation manufacturers with international competitiveness. The continued development of the animation industry will bring about a profound impact on TV program markets. China-made animation programs will reach 70% of the overall Chinese TV animation market by the year 2009.

China TV Industry 2005

Publ 20060223