PwC: Compound annual growth rate of China's entertainment and media industry over the past five years is 4.5%, higher than the global growth rate.

On August 13, PricewaterhouseCoopers released a summary of the "Global Entertainment and Media Industry Outlook 2025-2029" for China. It is expected that by 2029, the total revenue of China's entertainment and media industry will be approximately $561 billion, accounting for 16% of the global market. The compound annual growth rate of China's entertainment and media industry market from 2024 to 2029 is projected to be 4.5%, higher than the global average of 3.7%. Mixed reality, internet advertising, and movies are expected to maintain high growth rates.