PWCC Panel Discussion Explores the Future of China’s Cultural and Creative Industries
Experts from leading Chinese companies and Wharton alumni in the cultural and creative industries gathered at Penn Wharton China Center (PWCC) to explore the rise of these industries in China and the new opportunities and challenges they pose.
Co-hosted by the Penn Club of Beijing and PWCC, the panel discussion on May 24 included companies such as China Culture Industrial Investment Fund, China Media Capital, Fosun Film and Entertainment Group, Tencent Music Entertainment Group (TME), and Geekhouse Capital. Wharton alumna Teresa Chen Xing, WG’14, deputy manager of Tencent Music Entertainment Group’s merger department, moderated the panel.
The cultural and creative industries in China comprise a large number of sectors that are often interconnected and related, such as film, music, television, publishing, design, fashion, video games, and advertising. China’s music-streaming market also fits into this picture, while widely viewed as a piece of the market that has untapped potential.