Added value generated by those providing cultural and entertainment goods and services surged 21.96 percent year on year to hit 1.35 trillion yuan.
As part of the capital's work to transform its mode of economic growth, Beijing is placing a priority on service industries.
Beijing has thrown open its cultural and creative sectors to attract Hong Kong investors for the first time amid efforts to restructure the capital's economic growth model.
China's decade-long cultural sector reform is seeing encouraging results. And the Jiangxi Repertory Theater is one particular example.
Senior Chinese leader Li Changchun has called on local authorities to boost development of the cultural industry.
Dalian Wanda Group outlined its ambitious plans at the recent 2012 Cultural and Creative Industry Summit in Beijing.
The Ministry of Finance said on Monday it will spend most of its annual budget for the culture industry on encouraging mergers and acquisitions, innovations and investment in overseas markets, activities that are to be led by State-owned enterprises directly under the central government.
Zhouzhuang is developing its cultural creative industry by encouraging cultural tourism, creative crafts, art trade, entertainment, industrial design and exhibitions.
The China Culture Industry Investment Fund plans to plough $157 million into Chinese cultural and media enterprises over the next six months.
Beijing will further promote the development of the cultural and creative industries and enhance its role as the city's major pillar industry and economic growth engine, said Beijing Party Secretary Liu Qi.
The investment and financial system of China's cultural and creative industries has taken shape, Ministry of Culture official Liu Yuzhu says.
Minister of Culture Cai Wu said that China will promote reform and development in its cultural sector and build a comprehensive public cultural service system.
Prolonged economic difficulties in what are essentially Chinese manufacturers' main export markets pose long-term challenges to the country's economic model.
A cultural development plan aims to include a goal of doubling the added value of the culture industry by 2015.
China will build a modern cultural industry system featuring innovative content and strong competitiveness, according to a national cultural development blueprint published on Wednesday.
China is looking to its cultural industry for stimulus to shore up its slowing growth and to sustain its economic restructuring.
To compete with foreign rivals, Chinese cultural businesses should both become stronger and adapt to the international culture market, according to a senior cultural official.
The first seminar on cultural and creative industries in western Beijing was held on Nov 20 at Xiangshan Art Museum.
The third Cultural and Creative Industry and City Branding Forum ran from Nov 21 to Nov 22 at Renmin University of China in Beijing.
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