Chinese Films Beating Hollywood Films At China's Box Office
Despite the relaxation of controls over the import of foreign films into China, movies made in China itself accounted for 69 percent of the mainland box office in the first quarter of this year. Total ticket sales came to nearly $600 million with six films passing 100 million yuan ($16.2 million), China's state-run Xinhua news service reported today (Wednesday), citing statistics from the State General Administration of Press, Publication, Radio, Film and Television. However, the biggest hit was director Stephen Chow's comedy Journey to the West: Conquering the Demons, which collected $196.7 million in China -- a record. Among foreign films, Skyfall and The Hobbit: An Unexpected Journey were the only films to hit $50 million. In the first quarter of 2012, foreign films accounted for 56 percent of the Chinese market.