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China quiet but Hong Kong cinema industry celebrates

25 February 2011


China quiet but Hong Kong cinema industry celebrates

While the cinema world was this week rejoicing in the news that 2010 had seen a global box office record smashed, there has been surprisingly little news emanating from the country largely responsible for much of that growth – China.

Ticket sales from around the world reached US$31.8 billion (23 billion euros) last year, up nine percent year on year and an all-time high, while international tickets sales were up 13 percent overall, according to film industry figures.

Much of that international rise came on the back of the Chinese film industry’s remarkable growth of 64 percent in 2010 – to a total of US$1.5 billion (one billion euros) in receipts – but the government-controlled industry has in recent weeks been keeping its current box office results to itself.

Not so their Chinese counterparts down here in Hong Kong, who this week celebrated the handing out of this year’s Hong Kong Film Critics Society Awards.

Read the full story here >>

via The Independent

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