Beijing's Chaoyang district on Monday announced 17 policies aimed at promoting high-quality development of the cultural industry.

These measures will offer targeted support for cultural enterprises, gaming and e-sports industries, and film production. 

Over the years, Beijing has made great progress in building itself into a national cultural center.

Jointly established by the Ministry of Culture and Tourism and the Beijing municipal government, the National Cultural Industry Innovation Experimental Zone in Beijing's Chaoyang district has seen remarkable growth over the past decade. The number of companies in the zone has grown from 16,000 to over 50,000, including 1,517 large-scale cultural enterprises and 44 listed companies.  

The zone has fostered key cultural enterprises, including Pop Mart, whose Labubu collectible figure has gained global popularity recently. It is also home to China's largest e-sports complex and a center dedicated to AI-generated art.

To further support growth, financial services have been developed specifically for cultural enterprises. So far, more than 33.97 billion yuan (US$4.73 billion) in credit financing has been provided to 3,072 companies in the zone.

In addition, Chaoyang has transformed former industrial sites into cultural parks, developing 102 creative industry parks across the district.

Looking ahead, the zone plans to upgrade its traditional sectors such as film and advertising, while accelerating the development of four major industry clusters, which are digital advertising, digital audiovisual content, gaming and e-sports, and digital performing arts.