Introduction to Shanghai Online Literature Week
The third Shanghai International Online Literature Week, held from December 16 to 18, showcased significant advancements in the online literature genre. The event brought together writers and industry professionals from 16 countries, marking a pivotal moment for the dissemination of Chinese online literature.
Key Findings from the 2024 Trends Report
During the event, the China Audio-Video and Digital Publishing Association released the “2024 China Online Literature Overseas Trends Report.” This report highlighted that in 2023, the overseas market revenue for China’s online literature industry reached 4.35 billion yuan (approximately $597 million), showing a year-on-year growth of 7.06 percent. Such figures indicate that Chinese online literature is accelerating its global reach and influence.
The Role of AI in Literature’s Global Distribution
Artificial intelligence, particularly in the realm of translation, is poised to revolutionize the accessibility of Chinese online literature. The China Literature Group’s webnovel platform has already published around 6,000 translated novels by late November. This year alone, more than 2,000 new AI-translated works have been added, representing a 20-fold increase compared to previous years.
Ao Ran, executive vice-chairman of the China Audio-Video and Digital Publishing Association, emphasized that Chinese online literature reflects societal changes and cultural aspirations. As the industry evolves, it is crucial to leverage the “content — platform — IP” model to enhance its global presence.
The Shanghai Online Literature Week also included engaging activities, such as a roundtable discussion for both domestic and international writers, a writing contest awards ceremony, and cultural exploration events, further solidifying its role as a key platform for literary exchange.
