“Moviegoers in China spent 17 billion yuan ($2.7 billion) on tickets last year, turning the country into the second-largest film market in the world, the state news agency Xinhua said on Wednesday. Sales rose 30 percent from 2011, it said, citing the State Administration of Radio, Film and Television (SARFT), underscoring the rapid growth that has long attracted Hollywood despite China’s tight restrictions on foreign films. China in 2012 agreed to increase the number of films allowed in annually from the United States — which is the world’s largest movie market — from 20 to 34, whereas 893 domestic films were produced last year.”
http://www.rawstory.com/rs/2013/01/09/china-becomes-second-largest-movie-market/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Israel arrests teen girls over hate attack on Palestinians
U.S. air base in pro-Moscow Kyrgyzstan will be abandoned
In U.S., Perceived Need for Third Party Reaches New High
An Afghan Mystery: Why Are Large Shipments of Gold Leaving the Country?
Fed Vice Chair Says Higher Rates Not Assured After Thresholds Hit
China’s manufacturing slumps in August
Irish man facing U.S. extradition for hosting largest child porn network on the planet
Diet soda tied to heart attack, stroke risks
The Members Of Romney's Campaign Who Work For Fox
Shiller: Housing Market May Have Further to Drop
Eccentric Beijing resident builds rock villa atop apartment skyscraper
Former air accident investigator alleges cover-up in 1996 crash of TWA Flight 800
Liechtenstein mulls lifting banking secrecy
Obama offers 'grand bargain' on corporate tax rate, infrastructure
Police Bullets Hit Bystanders, and Questions Rise Yet Again