An Qingsong believes that to promote cooperation between cultural industries and finance, it is necessary to strengthen the capacity building of investment banks, provide comprehensive financial services for the cultural industry, vigorously develop multi-level capital markets, smooth the direct financing channels and the exit mechanism of Wenchuang Investment, and promote the improvement of culture. The credit rating system of enterprises promotes the improvement of the investment and financing environment of cultural enterprises. Zhang Jianhua said that it is necessary to further improve the cultural industry financing guarantee system and give play to the synergy effect of fiscal policy and financial policy. The government departments select cultural enterprises with growth potential and controllable risks, and give financial institutions support for cultural industries by giving financial subsidies and other policy support strength. At the same time, accelerate the construction of the cultural industry credit system, provide necessary support for financial institutions to serve cultural enterprises, and have more support for innovation at the regulatory level.
Click Here For More. The value added of the cultural industry in the United States accounts for about 20% of GDP, and it is the most developed country in the global cultural industry. The United States has a sound capital market and has formed a market-oriented financial support model, which facilitates the financing of cultural industry equity and bonds. In addition, mature venture capital and venture capital systems also meet the financing needs of start-up cultural enterprises, while the US fiscal policy also provides extensive support to the cultural industry, such as providing a certain percentage of resource support and tax reduction measures in the fiscal year budget. The federal government supports the development of cultural enterprises by setting up the government’s National Art Development Fund.
The data shows that the annual production capacity of the British cultural industry is about 60 billion US dollars, accounting for 11% of GDP, and the average annual growth rate is twice the economic growth rate, which belongs to the core pillar industry. At present, the UK has formed a sound policy orientation to support cultural industries. In the initial financing of cultural enterprises, the government gave 1:1 financial support and refinanced to provide 1:2 funds. The British government also raises funds for the cultural industry by issuing lottery tickets, implementing differentiated tax rates, and providing tax incentives for different cultural enterprises.
The Japanese government adopts a model of government-led and private capital participation in supporting the cultural industry. The main manifestations are as follows: Firstly, the Japanese government has established cultural and artistic capital funds to provide financial support for the development of the cultural industry. The funds come from government financial and social capital investment. Secondly, the Japanese government has built a financing guarantee system to facilitate the financing of cultural industries. Thirdly, the Japanese government actively supports the financing of intellectual property securities financing. Animation and film are often financed by copyright. Fourthly, the Japanese government’s investment guarantee that cultural industry financing has increased year by year. Fifthly, support policy financial institutions to provide indirect financing services for related enterprises, and provide direct financing services for small and medium-sized cultural enterprises by setting up the Emerging Markets section of the Tokyo Stock Exchange.