China’s sci-fi industry hits record revenues in 2025

China’s sci-fi industry recorded gross revenues of 126.1 billion yuan (US$18.2 billion) in 2025, up 15.7% year-on-year, according to an annual report released at the China Science Fiction Convention on Friday. Sci-fi-related online search traffic surged 203.3% year-on-year. The sector builds on breakout hits like The Three-Body Problem amid China’s technological push.

An annual report released at the China Science Fiction Convention on Friday showed China’s sci-fi industry grossed 126.1 billion yuan (US$18.2 billion) in 2025, up 15.7% year-on-year, as reported by Xinhua.

The report highlighted a 203.3% year-on-year surge in sci-fi-related search traffic in China, alongside continued global expansion of Chinese intellectual property.

“Overall, sci-fi games still account for the lion’s share of the market,” said Wu Yan, a science fiction writer and professor at the Southern University of Science and Technology, who helped compile previous editions of the report.

Wu noted that the younger generation prefers immersive and participatory entertainment, with video games unmatched in public interest or market scale. The industry has built on successes like The Three-Body Problem amid surging interest tied to China’s technological development.

The convention in Beijing underscores growing public enthusiasm for science fiction.

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Chinese minister announces China's AI sector exceeding $165 billion at National People's Congress, with futuristic AI graphics on display.
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China's AI sector tops $165 billion in 2025, minister says

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The output of China's core artificial intelligence industry exceeded 1.2 trillion yuan ($165 billion) in 2025, with more than 6,200 companies operating in the field, said Li Lecheng, head of the Ministry of Industry and Information Technology. The remarks came after the opening meeting of the fourth session of the 14th National People's Congress in Beijing on Thursday.

Official data from the National Bureau of Statistics shows China's GDP grew 5 percent year-on-year in 2025, reaching 140.19 trillion yuan and surpassing the 140 trillion yuan threshold for the first time. Carbon dioxide emissions per unit of GDP fell 5 percent, while air quality continued to improve.

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Following Premier Li Qiang's government work report setting a 2026 GDP growth target of 4.5-5%, Zheng Shanjie of the National Development and Reform Commission projected over 6 trillion yuan GDP growth this year at the NPC economy press conference. The service sector is expected to exceed 100 trillion yuan during the 15th Five-Year Plan (2026-2030). Leaders including Xi Jinping emphasized high-quality development amid the sessions.

China's foreign trade reached 11.84 trillion yuan ($1.63 trillion) in the first quarter of 2026, up 15% year on year, the fastest quarterly growth in nearly five years, officials from the General Administration of Customs announced on Tuesday. Exports totaled 6.85 trillion yuan, up 11.9%, while imports rose 19.6% to 4.99 trillion yuan. The figure marks the first time first-quarter trade has exceeded 11 trillion yuan.

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Shanghai-listed Yuanjie Semiconductor Technology reported a 1,153% year-on-year jump in net profit for the three months ended March 31, reaching 179 million yuan (US$26.2 million), fueled by demand for laser chips in AI data centres. Revenue grew 321% to 355 million yuan. The company’s share price has risen elevenfold over the past year.

China's first batch of hard economic activity data for 2026 exceeded downbeat forecasts, reports Seeking Alpha. Analysts note more work is required to support domestic growth amid rising inflation risks.

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Television Broadcasts Limited (TVB), Hong Kong’s leading broadcaster, reported a US$7.5 million profit for 2025, ending seven years of losses. The recovery was fueled by a threefold rise in advertising contributions from the Greater Bay Area, driving 15 per cent growth in ad revenue.

 

 

 

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