In China today, does poetry still matter?

From the University of Washington Post Blog

There’s a famous Chinese saying that “the misery of the state leads to the emergence of great poets” (guojia buxing shijia xing)–or more literally, “when the state is unfortunate, poets are fortunate.” These words come from a poem by the Qing dynasty historian Zhao Yi (1727–1814), observing the phenomenon in which classic works of poetry often appear during times of calamity: war, famine, dynastic downfall, and so on.