China & Guangdong Film Market Review 2017

Introduction to Chinese Film Market 2017 In 2017, the total box office in China reached 55.911 billion yuan, of which domestic movie box office reached 30.104 billion yuan. Numbers of Film Audiences in China – 162 Million. During 2017, a total of 970 films were produced in China, with: 798 - Feature films 32 - Animated films 68 - Scientific and Educational films 44 - Documentary films 28 - Special films

Chinese Total Box Office in 2017 In 2017, the total box office in China reached 55.911 billion yuan ，an increase of 13.45% year-to-year. Domestic movie box office reached 30.104 billion yuan, accounting for 53.84% of the total box office. During 2017, there were 92 films with over 100 million yuan in the box office, of which 51 were domestic films.

The Cinema Construction in China： 9,597 new film screens were built in China during 2017, and the total number of film screens has reached 50,776, an increase of 25% year-on-year. Most of the new cinemas were built in three and four tier cities. The broaden of film watching channels has brought more film audience nowadays, which greatly promoted the Chinese Box Office.

The competition of film ticket platform Since the combination of Maoyan Movie and Beijing Weying Technology Co., Ltd, the New Maoyan-Weying Movie has established. At present, the valuation of New Maoyan-Weying Movie has exceeded 20 billion yuan. The film ticket platform not only focus on online ticketing, but also bears the function of Internet distribution.

In 2017 Guangdong Province has invested a total of RMB 72.48 million to attract film industry capital. 4K Films Film Industry Capital China is now trying to seize the ultra high-definition film market. China will also invest more in high-definition film shooting in the future. 95%

The best selling Chinese film: Wolf Warrior II Box Office: RMB 5 The best selling Chinese film: Wolf Warrior II Box Office: RMB 5.68 billion Film Genres: Action/War Release Time: July 27, 2017 The best selling foreign film in China: The Fate of the Furious Box Office: RMB 2.671 billion Film Genres: Action/Horror Release Time: April 14, 2017

Guangdong Film Market Review 2017： In 2017, the total box office in Guangdong reached 7.798 billion yuan, an increase of 10.82% year-on-year, accounting for 14.30% of the country's total box office, making it the largest film market in China. Totally 3.997 billion yuan of domestic film box office, accounting for 50% of the total box office in Guangdong. During 2017, 206 new cinemas were built in Guangdong, the total number of cinemas has reached 1,137, an increase of 22.26% year-on-year. During 2017, 1,327 new film screens were built in Guangdong, the total number of film screens has reached 6,437, an increase of 27.09% year-on-year.

So far, China has signed film co-production agreement with 20 countries, including Canada. There are 4 Canadian films released in Chinese in 2017.

In 2017 34 Films were imported and released in China. 54 films sold their copy right to Chinese distributors and were released in China Including 4 Canadian films

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