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China Box Office Grows Four Percent (Topic)

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China Box Office Grows Four Percent

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In the first half of 2017, the Chinese box office grew 3.7 percent over the same period last year. According to The Hollywood Reporter, in absolute terms, movies earned at the national box office amounted to 25.5 billion yuan (about $ 3.8 billion).

At the same time, more than 60 percent of the total box office receipts came from foreign movies. , mostly Hollywood. And this is the largest figure in recent years. For comparison, in 2016 the share of imported movie projects was only 47 percent.

As for the absolute leaders of the Chinese distribution in the first half of 2017, the first place was taken by the action movie Fast and Furious 8, which earned 388 in China. million dollars, the second place was taken by the movie "Transformers 5: The Last Knight" ($ 209 million at the time of this writing), and the third place went to the Indian hit called "Dangal", which grossed about $ 190 million at the national box office.

Due to a sharp slowdown in the growth of the Chinese market, the consulting company PriceWaterhouseCoopers has revised its forecast for when China can overtake North America in grossing. Now it can take place no earlier than 2021.

when China can overtake North America at the box office. Now it can take place no earlier than 2021.

when China can overtake North America at the box office. Now it can take place no earlier than 2021.

The Topic of Article: China Box Office Grows Four Percent.
Author: Jake Pinkman


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