China's digital publication industry grows in 2017: report

2018-03-14 02:23:13 GMT2018-03-14 10:23:13(Beijing Time) Xinhua English

BEIJING, March 13 (Xinhua) -- The value of China's digitalpublication industry reached 4.15 billion yuan (657 million U.S.dollars) in 2017, a year-on-year increase of 21.3 percent, a reportshowed.

The industry, which includes e-books, digital newspapers andmagazines and mobile book applications, is expected to reach amarket value of more than 7 billion yuan in 2020, according to thereport released by data provider iResearch.

The fast development is powered by government support, progressin hardware and software, mobile payment and enthusiasm for onlinereading, according to the report.

But the industry also faces a spate of problems, such asinsufficient employees, piracy and dissatisfaction about thereading experience, the report said. Enditem