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The amount of funding increased 41.18 per cent last year, said a statement on the ministry’s website.
Beijing promised to deepen its cultural system reform and enhance the footprints of Chinese culture globally in a Communist Party of China (CPC) document released on Friday.
“[China will] expand cultural exchange with foreign countries, strengthen buildup of its international communication capabilities and discourse power and make Chinese culture go global,” according to the CPC communiqué approved at the Third Plenary Session that closed on Tuesday.
The fund is expected to help carry out the central government’s vision for cultural development.
“China must adhere to the development path of a socialist culture with Chinese characteristics and consolidate the guiding role of Marxism in the ideological areas,” according to the communiqué.
The new leadership in China will endorse non-government organisations and Chinese-funded institutions to participate in establishing Confucius Institutes and other cultural centres globally.
The Chinese government has so far allocated a total of 14.2 billion yuan to boost the cultural sector, the statement said.