China’s financial hub has hosted many large-scale, commercial performances in recent years, but “it lacks stars that are weighty, internationally influential or truly appealing to young people”, the counsellors’ office of the Shanghai municipal government said in an article posted on its official WeChat account.
Global pop sensation Swift’s record-breaking Eras Tour shows the economic benefits of hosting such top-level performers, they said.
“This is the largest and highest-grossing personal concert tour in history, having generated over US$5 billion in consumer spending so far. It is literally a ‘walking GDP’,” the counsellors wrote.
Hosting international performances in China is a complex process that involves navigating countless regulations and restrictions. The Chinese government has historically been cautious about granting permission for large-scale events, especially those involving foreign artists, due to concerns over cultural influence and security control.
They also called for increased venue capacity and flexible ticket pricing.
The counsellors proposed that the requirement for real-name ticket purchases be loosened, and suggested exploring alternative identification methods – such as account-based or bank card payments – to simplify the process for international visitors.
Growth in the performance industry rocketed last year, amid a huge rebound in consumer demand for live entertainment.
Total box office revenue for large concerts – those with audiences over 5,000 – hit a record high, reaching nearly 14.6 billion yuan (US$2 billion), according to a report released in April by the China Performance Industry Association, concert producer Damai, and social media platform Weibo.
Notably, those “travelling for a show” accounted for 68 per cent of attendees – a new high – the report said.
Already a bustling hub for cultural events, Shanghai has seen a surge in demand for live performances.
Shanghai’s large-scale concerts took the top spot nationwide in the April box office report, while theatrical performances ranked third. The city also ranked among the top five in the number of shows hosted.