China’s booming film market

Communist countries have long wrestled with capitalist film production but the 2013 figures show China's great leap forward.
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Still from Black Coal, Thin Ice

China is big and its film industry is enormous. It is now the second largest film industry in the world with a $3.6 billion dollar box office in 2013 – an impressive leap forward of 26.8% on 2012 figures.

Moreover audiences are displaying a preference for domestic product with only three of the top-grossing films coming out of Hollywood. This is thanks in part to a quota system that allows around 35 foreign films per year. In 2012 Hollywood blockbusters captured more than 50% of all ticket sales and only three Chinese films made it into the Top Ten. The 2013 figures present a pleasing reversal of fortune with local films taking something like 58% of the box office or 71% according to the State General Administration of Press, Publication, Radio, Film and Television.

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Grisha Dolgopolov
About the Author
Grisha Dolgopolov is a contributor to Realtime.