A Brief Analysis of Financial Support to Chinese Cultural Industry Development

Abstract

Financial support for the development of cultural industry is the policy guidance of Chinese governments at all levels recently, while the cultural financial support policy appeared under the circumstances. The purpose of the policy is to accelerate the development of cultural enterprises by using financial instruments, through speeding up the matching process of financial capital and cultural enterprises’ financial service requirements. This paper analyzes the background of the policy which supports the development of cultural industry, investigates the present situation of how financial institutions support cultural industry, and finally promotes the feasible path for financial institutions to engaging in cultural industry by financial support policies.