China Headed for $2 Billion Box Office Record this year

China's box office will probably set another record for total gross around $2 billion this year, however the rate of growth has slowed down considerably, local media reported Wednesday.our editor recommendsChina boxoffice tops $700 mil in first half The earth's third-biggest film market increased to 10 billion yuan ($1.56 billion) this year, and can likely hit 13 billion yuan this season, but will grow for a price nearer to 30% this season, instead of 64% from 2009 to 2010, based on the recently released "Blue Book of China's Culture 2011." This Year, local box office was assisted by two record-setting films: Last Century Fox's Avatar, which required $200 million being China's all-time box office champion, and Huayi Brothers' Aftershock, which required in over $90 million and ruled because the greatest-grossing domestic film until it had been unseated by Allow The Bullets Fly captured. Condition-run British-language newspaper China Daily reported China's slowing down gdp (GDP) as one reason for that downturn in growth despite record amounts. China now boasts over 6,000 cinema screens, assisting to push amounts greater as films be available to audiences in additional remote areas. Related Subjects Worldwide Asia