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New data shows 14.5% growth in Chinese book market in 2017

China’s retail book market expanded in 2017 at a rate of 14.55%, year on year, according to data from Chinese industry-data research firm OpenBook, reports Publishing Perspectives.

Children’s books were the main driver of market growth, with the children’s sector accounting for over a third of overall growth in the Chinese market in 2017. In addition, sales tracked through online bookstores grew by 28.82%, year over year, while bricks-and-mortar bookstores grew by 2.33% in 2017, reversing a 2.3% sales slump in 2016.

OpenBook general manager Yanping Jiang presented this data at OpenBook’s annual conference, Reading X, on 10 January. The company has been expanding its coverage of both online and physical booksellers in China, and OpenBook currently tracks more than 6000 retailers.

OpenBook also revealed China’s bestsellers of 2017 at the conference. Fiction bestsellers in 2017 were dominated by foreign authors, while local titles made a stronger showing in the nonfiction chart. Japanese mystery writer Higashino Keigo’s Miracles of the Namiya General Store (Nan Hai Publishing Co) emerged as the top seller for a second consecutive year, after also topping the overall 2016 chart. Translations of Khaled Hosseini’s The Kite Runner (Shanghai People’s Publishing House) and Scottish author Claire McFall’s Ferryman (Bai Hua Zhou Literature & Art Publishing House), along with two more Keigo mysteries (Journey Under the Midnight Sun and The Devotion of Suspect X) rounded out the top five bestsellers.

For the full list of fiction and nonfiction bestsellers, visit Publishing Perspectives here.


Category: International news