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2018.03.14

 

The value of China's digital publication industry reached 4.15 billion yuan (657 million US dollars) in 2017, a year-on-year increase of 21.3 percent, a report showed.

The industry, which includes e-books, digital newspapers, digital magazines and mobile book applications, is expected to reach a market value of more than 7 billion yuan in 2020, according to the report released by data provider iResearch.

The fast development has been powered by government support, progress in hardware and software, mobile payment and enthusiasm for online reading, according to the report.

But the industry also faces a spate of problems, such as insufficient employees, piracy and dissatisfaction with the reading experience, the report said.

Source(s): Xinhua News Agency

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