The 72nd Frankfurt Book Fair was held on Oct 13 on online platforms in Frankfurt, Germany, attracting more than 4,400 exhibitors from 110 countries and regions.

During the book fair, an online event titled "Market Insights China" explained the current situation of publishing houses, bookstores and readers in China, and published the insights of representatives of four major publishing groups in China on the country's publishing industry.

The speech given by She Jiangtao, president of Phoenix Publishing & Media Inc, entitled "The present state of the Chinese book publishing industry" during the event was broadcast on Oct 5, 2020.