China Industrial news
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China's animation export booms in 2009
China's cartoon and animation exports totaled $30.57 million in 2009, a surge of 150 percent from the previous year. The State Administration of Radio, Film and Television said exports of movie and video programs soared 44.2 percent to $58.98 billion in 2009 over the previous year. For the first time in history, exports in cartoons and animations surpassed TV series to hold the biggest share, 51.8 percent of the total, the report said. Exports in TV series were worth $20.05 million, accounting for 34 percent of the total. Exports in documentaries and variety shows reached $8.37 million, accounting for 14.2 percent of the total.
China exported 10,617.2 hours of movie and video programs in 2009, with 79 animation programs of 1,490 hours, accounting for 14 percent of the total,
HK finance industry receipts up 45% in Q4
Hong Kong service industries fared better in the fourth quarter of 2009 compared to the same period a year earlier, with business receipts of the finance sector rising 45 percent.
The robust growth of the finance industry was attributed to a strong rebound in the local stock market and fund raising activities.
Meanwhile, business receipts of the banking industry rose 35 percent, mainly due to the growth of non-interest income. The real estate industry also recorded a noticeable increase of 23.4 percent in business receipts in the fourth quarter, reflecting a strong rebound in the residential property market.
Next on the growth list was the courier with 18.4 percent, insurance with 17.2 percent and retail 12.8 percent.
Notable drops in business receipts were recorded in the accommodation, which fell 7.8 percent and transportation, down 4.3 percent.
ChinaMarketResearch.com 2010-03-15
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