I’ve just finished a brief report about the current trends in Chinese cinema. The report is prepared for the upcoming event celeberating the 20th anniversary of NETPAC (Network for the Promotion of Asian Cinema), to be held in August in India. Here is the first part:
As Hollywood’s domestic box-office total topped US$10 billion in 2009, China’s domestic box office also hit all-time high in the same year. Chinese cinemas raked in 6.206 billion yuan (close to 1 billion U.S. dollars) in box-office revenue in 2009, according to the Film Bureau of the State Administration of Radio, Film, and Television (SARFT), an increase of 43% compared to the 2008 figure. The number of feature films produced in 2009 reached 456, an increase of 50 compared to the 2008 figure. The total box office revenue of home-made feature films accounted for 56.6% of the yearly total, which means that domestic films (including mainland China and Hong Kong co-productions) have outperformed imported features (most of them Hollywood blockbusters) in box office for 7 consecutive years. The record-breaking box-office revenue is coupled with the surge in multiplex constructions. In 2008, 118 new professional cinemas with more than 570 screens were added. This construction boom continued in 2009, with more than 90 new cinemas or 386 new screens added. Mainland China now has 1,635 professional cinemas with 4,483 screens in total, among which more than 970 are 3-D screens (to be continued).