At its 2026 interim results briefing, China Publishing said its mass-market book publishing business is being hit by a weak overall market and intensifying industry competition, materially weighing on revenue and profit and leaving operations under c

2026-10-14

At its 2026 interim results briefing, China Publishing said its mass-market book publishing business is being hit by a weak overall market and intensifying industry competition, materially weighing on revenue and profit and leaving operations under clear pressure. The company said it will prioritize stabilizing its core publishing business, increase supply of high-quality content, innovate distribution channels, accelerate digital and intelligent transformation and IT upgrades, develop new business models, and pursue deeper cost reductions and efficiency gains.