China reveals huge spike in live music revenues
Income from large and medium-sized concerts and festivals skyrocketed 66.5% in 2024, according to a new report
News By James Hanley | 10 June 2025
China’s live music revenues soared 46.6% in 2024, powered by huge growth in concerts and festivals. The figures were revealed in the 2025 China Music Industry Development Annual Report, which values the country’s music industry at 492.9 billion yuan (€60bn) – up 5% year-on-year.
The report was released at this month’s 10th Music Industry Forum, hosted by the Communication University of China in Beijing.
According to the study, music performances earned 38.7bn yuan (€4.7bn) at the box office in total, with large and…