Music industry revenue in China 2015-2023

Published by
Lai Lin Thomala,
Feb 6, 2025

In 2023, China's music industry revenue amounted to 470 billion yuan, representing a 10.8 percent increase from the previous year. The digital music segment contributed almost 90 billion yuan. Among all industry segments, music performances recorded the highest growth rate of 122 percent.

Music industry revenue and YoY growth in China from 2015 to 2023

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Release date

June 2024

Region

China

Survey time period

2015 to 2023

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of February 2025).

The music industry referred to music books and audio, music shows, digital music, music copyright management & operation, karaoke, professional music equipment, music instruments, music education & training, radio, TV & gaming music, and others.

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