China’s B.O. boom continued unabated last year
as box office rose a muscular 44% to 6.2 billion
yuan ($910 million) on a sharp rise in the number
of cinema screens in what's potentially the world’s
biggest market.
The China Film Group had earlier forecast 40%
year-on-year growth (Daily Variety, Dec. 29).
With this kind of growth rate, I am confident that in
2010, China’s box office will grow to a new height,
China Film spokesman Weng Li said. His remarks
were based on data from the State Administration
of Radio, Film and TV.
This means for the last six years, the Chinese film
market’s box office has maintained an annual
growth rate of more than 30%, Weng said, adding
that China produced 456 domestic films in 2009.
The main impetus behind the strong growth was
the rise in screen numbers. Citting SARFT figures,
Weng said China had added 1.65 new screens
every day last year.
China Imports around 20 foreign film a year for
theatrical release. The two top movies of 2009
were “2012,” which took $67.5 million, and
“Transformers: Revenge of the Fallen,” which took
$63 million.
Homegrown epic “The Founding of a Republic,”
celebrating the People’s Republic of China’s 60th
anniversary, made $61 million.
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SOURCE：VARIETY