Chongqing to increase financial support for culture industry

Chongqing will greatly increase the special support fund for culture industry from 2013 on, and the projects of culture industry with characteristics will receive greater support from the government, said Chongqing Administration of Culture, Radio and Television,

The special support fund reportedly has been raised to 20 million yuan per year in 2011 from the 10 million yuan per year in 2006 when it was set up.

In addition, subsidies and loans, etc. will be given to exploit characteristic cultural products, upgrade traditional culture industry, purchase technical equipment, develop emerging culture industry and build a bunch of parks and bases which play leading roles.