He Chaobing: Culture + Finance Will Become the New Normal of the Information Age

Release time:2016-08-17Author: He Chaobing

 The culture industry needs to be closely integrated with finance, which is able to provide strong support for its transformation and innovation, as well as provide financial support for its sustainable development. For finance to truly play a role in the development and innovation of the culture industry, it is necessary to deepen the cooperation between the cultural industry and finance, especially in the culture market to highly integrate the capital of both parties, so that finance can have strong characteristics of culture industry to form culture industry finance. At present, China's culture industry accounts for a low proportion. Under the background of "culture + finance", cultural value transformation not only needs to connect with the market, but also requires an innovative trading platform to transform culture industry resources into social wealth resources. In addition, there also exist problems such as the shortage of culture industry capital in the market, a lack of capitalization thinking and financing channels, and the relative deficit of risk assessment of the culture industry by financial institutions. Recommendations for the development of culture industry finance are as follows: at the policy level, improve the capital market on the one hand, and increase investment on the other; at the legal level, enhance intellectual property protection and ameliorate corresponding laws and regulations; in terms of financial institutions, increase financial support for culture industries and broaden financing channels; at the level of cultural enterprises, strengthen their own development and improve core competitiveness.