Macro Economy: Created in China
(China.org)
Updated: 2006-05-30 10:57
Shanghai, one of China's main economic centers, has already successfully
established a number of creative districts. Following the establishment of 36
creative industry areas last year, the Shanghai Creative Industry Centre held a
ceremony on May 20 to mark the founding of a new cluster of such sites. The
whole number of creative industry bases in the city now stands at approximately
50.
Although the expression "creative industry" was imported to China not long
ago, it was accepted and deployed immediately around the country. And the infant
industry is growing up rapidly and along with it a new economic era.
Since the beginning of the year major cities like Beijing, Nanjing, Shenzhen,
Guangzhou, Qingdao, Hangzhou, Xi'an and Chengdu have all been involved in
setting up their own creative industry zones and have an eye to making such
enterprises the new engine for economic development.
(For more biz stories, please visit Industry Updates)
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