Published: 12:12, April 28, 2024 | Updated: 13:29, April 28, 2024
China's science fiction industry rakes in $16 billion in 2023
By Xinhua
Participants view a multimedia artwork during the 81st World Science Fiction Convention (WorldCon) in Chengdu, southwest China's Sichuan province, Oct 18, 2023. (PHOTO / XINHUA)

BEIJING - China's science fiction industry saw accelerated growth in 2023, generating a total revenue of 113.29 billion yuan (about $16 billion), according to a report released on Saturday.

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The revenue represented year-on-year growth of 29.1 percent, according to the 2024 China Science Fiction Industry Report, which was made public at the eighth China Science Fiction Convention in Beijing.

Participants buy sci-fi themed merchandise during the 81st World Science Fiction Convention (WorldCon) in Chengdu, southwest China's Sichuan province, Oct 18, 2023. (PHOTO / XINHUA)

Riding on a tech boom and the success of screen adaptations of domestic sci-fi literature, China's sci-fi industry has seen rapid expansion in recent years. The industry's 2023 revenue was more than 10 times the 2016 figure of nearly 10 billion yuan.

In breakdown, sci-fi publications pocketed 3.17 billion yuan in 2023, up 4.3 percent from the previous year, said the report.

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Sci-fi films and TV works raked in 11.59 billion yuan in 2023, marking a yearly increase of 38.8 percent. Last year saw a significant rise in the numbers of sci-fi web series and mini-series, as well as short and medium-length sci-fi videos, according to the report.

Audiences attend the premiere of the movie The Wandering Earth II at a theater in Giza, Egypt, March 11, 2023. (PHOTO / XINHUA)

In 2023, sci-fi blockbuster The Wandering Earth II, adapted from Liu Cixin's novel of the same name, scored more than 4 billion yuan at the box office. The Hugo Award winner also saw one of his other novels, The Three Body Problem, adapted into a widely acclaimed TV drama that was screened on Tencent Video in 2023.

Sci-fi games contributed the bulk of the total revenue, accounting for 65.19 billion yuan, up 15.4 percent year on year. Sci-fi cultural tourism earned 31.06 billion yuan, surging 106.7 percent from the year before.

This photo taken on Oct 18, 2023 shows a scene of the opening ceremony of the 81st World Science Fiction Convention (WorldCon) in Chengdu, southwest China's Sichuan province. (PHOTO / XINHUA)

The report was jointly released by the China Science Fiction Research Center, and the Research Center for Science and Human Imagination at the Southern University of Science and Technology.

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He Junke, vice chair of the China Association for Science and Technology, said that sci-fi culture is on the rise in China.

"Chinese teenagers are showing a stronger interest in science fiction," he said at the opening ceremony of the convention. "And there is a considerable increase in the number of young sci-fi content creators."

Visitors browse science fiction books during the 81st World Science Fiction Convention (WorldCon) in Chengdu, southwest China's Sichuan province, Oct 18, 2023. (PHOTO / XINHUA)
Participants visit the 81st World Science Fiction Convention (WorldCon) in Chengdu, southwest China's Sichuan province, Oct 18, 2023. (PHOTO / XINHUA)