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China’s Phoenix Publishing secures top spot in rankings

by | Sep 12, 2021 | News

The Chinese publisher of the memoirs of His Highness Dr Sheikh Sultan bin Muhammad Al-Qasimi, Ruler of Sharjah and member of the Supreme Council, has been named top publisher in the Chinese publisher rankings.

The league table is produced by Wuhan University Centre for Studies of Media Development.  It ranks the top 30 publishing companies in China and it is led by Professor Zhu Jingwen and her team at Big Data Research Centre, Wuhan University Centre for Studies of Media Development, School of Information Management. It has been published annually since 2017 and rates publishers on six indicators: value, market performance, profitability, operating ability, growth ability, and debt solvency.

Phoenix came in ahead of China South Publishing & Media Group and Shandong Publishing Group.  Founded in 1953, Phoenix Publishing & Media is the publisher of His Highness’ My Early Life, and is also the Chinese publisher for the prestigious poets Khalil Gibran and Adunis.

Xu Hai, Editor-in-chief, Phoenix Publishing & Media said:

“We are proud that even when faced with the unprecedented challenge of the pandemic and economic pressure, Phoenix Media has achieved consistent growth.

“We have done well across our core sectors: education publishing, general trade publishing, and book distribution. After the Covid-19 outbreak, Phoenix quickly adapted with new initiatives, including an expanded online learning programme, XueKeWang, a digital learning platform which also donated 12 million sets of online learning resources and 9 million online testing programmes and distance learning services. In 2020, 33 types of general trade books sold more than 100,000 copies, and in 2019 and 2020, a total of 40 types of books sold more than 180,000 copies.

“We are looking forward to building on the new growth momentum in digital publishing and smart education by working with strategic partners in China and around the world.”

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