China's music industry surged to 492.915 billion yuan ($68.57 billion) in 2024, marking a 4.97% year-on-year growth, according to a report released at the 10th Music Industry Forum 2025 in Beijing. The figures signal a recovery from recent challenges and the start of a stable growth phase for one of Asia's most dynamic creative sectors.
Resilience Through Innovation
Despite global economic pressures, the industry leveraged technological advancements and cultural creativity to drive domestic demand. The 2025 China Music Industry Development Annual Report highlights how digital platforms, AI-driven content creation, and live-streamed performances contributed to this rebound.
Structural Shifts Ahead
While the sector shows steady development, analysts note persistent challenges in market structure and revenue distribution. The report predicts accelerated transformation through intelligent technologies like blockchain-based copyright systems and immersive concert experiences, positioning China for 'high-quality development' in global music markets.
