Chinese Box Office Revenue for 2018 Slowed in Growth
By Mei Manuel, January 02, 2019 22:01 PM
Chinese state media reported that China's box office revenue for 2018 only rose 9% to 60.98 billion yuan, slower than the 13.45% increase in 2017.
According to the report of Xinhua late Monday which cited the State Film Administration, the domestic films released in the country for 2018 made a ticket sale of 37.6 billion yuan, making up the 62% of the country's total box office.The remaining percentage comprise ticket sales from foreign films.
In 2017, domestic films comprised 54% of the total box office.
It was also reported that the number of movie theaters in the country is around 60,079, an increase of 9,303 from the 2017 numbers. These theaters enabled China to overtake the United States in terms of the number of movie houses available in the country.
Many film producers and companies are looking into China to increase their box office returns even though China has a strict rule on how many foreign films can be shown in the country and the censorship rules it has.
Meanwhile, the Chinese government is working on ways to promote home-grown productions, but so far, big-budget Chinese films have been experiencing trouble in the box office while medium-sized productions have been doing farely well.
More from CCD
A translation work of the Bible into ancient Vietnamese language is completed by Chen Jianan
An account of a modern female Chinese Christian writer, her independence, her truthfulness and practice
The Nestorianism Study Fuzhou Forum, hosted by Chinese universities and Fujian Theological Seminary, held its grand opening ceremony in Yongtai county.
Series one of lectures on promoting outstanding Chinese traditional culture - Cultural Determinism entered Fuwan Forum
A reflection on whether the fire on Notre Dame Cathedral is a blessing.
An observation of a current trick to gain money by telling Christians' stories of misery.
On March 13, 2019, Nanjing Mochou Road Christian Church held a seminar entitled, "Thinking about the customs and meanings of the Qingming Festival".
Taiwanese media reported that the precious Imperial Version with a history of 125 years, given to the Empress Dowager Cixi for her 60th birthday, was exhibited in Donghai University.
A father figure whose work was Chinese rural construction in the last century.
The Art Group “The Sound of Heavenly Love”" performed in Zhangzhou, Fujian province.