Chinese Movies threat Hollywood’s Dominance

In early September this year,a Chinese made fantasy,“The Monkey King,” climbed to No. 21 at the worldwide box office, with $186.1 million in sales.A few weeks later, a Chinese comedy, “Breakup Buddies,” shot to No. 22, with $143.1 million in ticket sales as of last week.However,in America,as the Rentrak’s box-office say, United States companies and their partners backed the top 20 performers at the world box office every year for the last five year.

We have admit that Chinese movies made a really big progress in recent years.Chinese made movies not only released in China,but also released in many countries and regions like North America and Asia.Which in these places brings a lot of sales for Chinese movie companies.With the technology development in China, more and more movies can attract people’s eye balls and make people willing to go to a movie theatre.Plus,Chinese government allows only 20 movies import from other countries,for protecting Chinese movie industry.So Hollywood can inout only a few movies(approx.5 ) into China a year(compare to it makes approximately 120-150 movies/year). It’s kind monopoly behaviour that Chinese government does makes this rule. Which makes Chinese movies’ sales much higher than sales of movies from Hollywood in China(compare to the whole year).But out of China,Hollywood is still dominant in the movie market.

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Reference: The New York Time 

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