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The move is expected to mean that films made under the treaty will be treated as local, or national, productions in both countries. That would allow South Korean films to escape China’s import quotas.
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The data shows that Chinese films earned $1.56 billion (RMB9.56 billion) in the nine months to end September, equating to a 58% market share. Imported films managed $1.12 billion (RMB6.86 billion).
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Many studios, like Paramount Pictures with its "Transformers" franchise, have been taking steps to appeal to China's fast-growing audiences by hiring Chinese actors or featuring Chinese products in their films.
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This year could be a turning point in the development of the Chinese economy. For the first time in recent history, the service sector could overtake industry in its contribution to the economy.
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11/18/2024-11/24/2024
| Movie | Gross | Admissions | |
|---|---|---|---|
|
Gross:US$20.43(M) Admissions:3374693 Total:US$200.32(M) |
|||
| Brave New World | US$10.52(M) | 1977683 | |
| CrayonShinchantheM... | US$8.94(M) | 1715685 | |
| Gladiator II | US$3.17(M) | 531219 | |
| Venom: The Last Da... | US$3.15(M) | 542221 | |
| The Young Couple A... | US$2.82(M) | 596345 | |
| Cesium Fallout | US$2.66(M) | 461292 | |
| Harry Potter and t... | US$2.19(M) | 362864 | |
| The Untold Story | US$0.76(M) | 133105 | |
| Harry Potter and t... | US$0.74(M) | 125791 | |