The sales volume of publications last year totaled 349.8 billion yuan

China Press, Publication, Radio, Film and Television reporter recently learned from the State Administration of Press, Publication, Radio, Film and Television that the 2017 annual audit of national publication issuers has been basically completed. The data show that the overall scale of our publication distribution industry has expanded further, and the main economic indicators have achieved positive growth for 3 years.

The verification results show that in 2016, the total sales volume of publications reached 349.869 billion yuan, an increase of 7.2% over the previous year; The retail sales of publications reached 141.944 billion yuan, an increase of 18.2% over the previous year; Its total profit was 30.48 billion yuan, up 15.2 percent over the previous year; Total assets of 959 billion yuan, an increase of 33.7%; The number of employees reached 1.095 million, an increase of 10.8 percent over the previous year.

In the annual inspection work, a total of 119,430 issuing units participated in the annual inspection, of which 112,169 passed the inspection, 4,471 delayed the approval, and 2,790 were cancelled registration.