China suffered a
severe deficit in audio products trade in 2004, disclosed a source
from a national forum on export of homemade audio products held
recently.
Statistics released by the Ministry of Culture show
that the average unit price of China's exported audio products
was merely 3.7 yuan in 2004, no more than one tenth of the price
of the audio products produced in Europe and America.
An official with the Ministry of Culture, who participated
in the forum, said there were two bottleneck problems for the
current audio product trade deficit. One was that domestic audio
producers have been accustomed to excessively reducing prices
for winning competition.
Another problem was that the copyright trade accounted
for too small a proportion of the country's whole cultural products
trade.However,copyright trade took up a large proportion of cultural
products trade in Western countries and brought huge economic
profits to them.
Liu Yuzhu, director of Culture Market Department
under the Ministry of Culture said the Chinese government will
vigorously push forward copyright trade in future.
She also disclosed that the Ministry of Finance
and the Ministry of Culture are planning to input 2 million yuan
(240,000 US dollars) to boost the country's export of audio products.
Relevant departments will enact some new regulations on audio
exports, in a bid to avoid malignant price competition and rectify
audio product exports.
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