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16:31, 27-Nov-2017
SAPPRFT: China to have over 60,000 film screens by 2020
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China is expected to have over 60,000 cinema screens by 2020, making it the world's largest film market, according to an official from the State Administration of Press, Publication, Radio, Film and Television (SAPPRFT).
By 2020, China is expected to produce around 800 movies each year with the annual box office forecast to reach 70 billion yuan (10.6 billion US dollars), Zhang Hongsen, deputy director of SAPPRFT, said on Sunday at a symposium in east China's Hangzhou.
It is possible that China will become the world's new film production center, Zhang said.
According to the administration, China's box office for this year exceeded 50 billion yuan (7.6 billion US dollars) last week, the first time the country has broken the 50-billion mark. Domestic movies generated 26.2 billion yuan, accounting for 52.4 percent of the total.
This year, some foreign films, such as India's "Dangal," raked in higher box office takings in China than in their own country, making China an increasingly attractive market for foreign film producers.
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