17 January 2020

Culture sector gets 4.8 bln yuan allocation this year, govt says

The Chinese government has allocated 4.8 billion yuan (US$787.87 million) to support the development of the culture sector this year, according to a press release Monday by the cultural asset office under the Ministry of Finance. The amount represents an increase of 41.2 percent from a year earlier. So far the ministry has allocated a total of 14.2 billion yuan for the sector, the office said.

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