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Academic Journal of Business & Management, 2023, 5(26); doi: 10.25236/AJBM.2023.052629.

Study on Fiscal Policy of the Development of Cultural Industry

Author(s)

Wu Yaxuan

Corresponding Author:
Wu Yaxuan
Affiliation(s)

Public Finance, Anhui University of Finance and Economics, Bengbu, China

Abstract

As a strategic pillar industry of the national economy, the cultural industry plays an increasingly significant role in promoting economic development. The cultural industry has a high degree of dependence on investment and financing. At the same time, as a capital and knowledge-intensive industry, it has the characteristics of high investment, high income and high risk. Through the research, this paper finds that the cultural industry has faced various problems since it entered the new era of development, such as the narrow scope of financial support, the insufficient total amount of cultural investment, and the backward fiscal policy means of the cultural industry. In view of the above problems, some suggestions are put forward, including expanding the scale of financial support, adjusting and optimizing the structure of financial and cultural input, and comprehensively promoting financial support to help the steady development of cultural industry.

Keywords

cultural industry; fiscal policy; development proposals

Cite This Paper

Wu Yaxuan. Study on Fiscal Policy of the Development of Cultural Industry. Academic Journal of Business & Management (2023) Vol. 5, Issue 26: 190-196. https://doi.org/10.25236/AJBM.2023.052629.

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