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Chinese science fiction industry fosters new travel growth

05/15/2024| 4:41:29 PM|

IP development has emerged as a key growth driver in the industry.

According to the 2024 China Science Fiction Industry Report, the total revenue of China's sci-fi industry had exceeded 100 billion yuan ($14.1 billion) for the first time in 2023, recording year-on-year growth of 29.1 percent and reaching over 10 times the figure of 2016.

IP development has also emerged as a key growth driver in the industry, represented by sci-fi cultural tourism and merchandise related to major IPs like works by renowned sci-fi writer Liu Cixin.

In 2023, sci-fi cultural tourism had generated 31.06 billion yuan, soaring by 106.7 percent from the year before. Products derived from Liu's works had raked in around 210 million yuan, according to the report.

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TAGS: Chinese science fiction industry | IP
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