-than-expected box office market. The National Radio and Television Administration said box
-office revenue hit 31.17 billion yuan in the first
half of 2019 in China, down 2.7 percent year-on-year. 上海品茶微信女神会所 To Athanasopoulos, Chinese audiences’ increasing demand for blockbusters and higher-re
上海品茶微信solution screens is part of the reason why premium film screenings are welcome.
strong demand in blockbusters, not only those (from) Hollywood but also Ch inese-language films, which are increasingly welcomed by Chinese audiences.” 上海品茶微信女神会所
Athanasopoulos was talking about the science
-fiction hit The Wandering Earth during the Spring Festiv 上海品茶微信al holiday. IMAX China’s bet on the film garnered earnings of over 300 million yuan from the box office.
e that continuing to happen in the future … and that’s part of the reason why we made an expansion plan to tap China’s fast-growing premium film scree 上海品茶微信
ning market, which we think is taking up a larger share of China’s overall box office market,” he added.
上海品茶微信女神会所IMAX China’s move to expand came amid growing concerns China is tempering demand for films.
Chen Shaofeng, a professor in culture and entertainment at Peking University, sa
id although IMAX China set an expansion plan, the amount of new cinema 上海品茶微信
s (40) still seems to be modest. “The overall market performance might be an influence,” he added.
“The lower-than-expected box office performance this y 上海品茶微信女神会所ear is partly because of a drop in cin
ema visits, particularly in third-and lower-tier cities where demand is weakening,” Chen said.
A rough industry estimate from entertainment analysi
上海品茶微信s website Dengta under online ticketing platform Taopiaopiao show
s cinema visits slumped by nearly 100 million to around 807 million in the first half of this year.
“On one hand, rising ticket prices prevent many people from visiting cinema 上海品茶微信女神会所
s, as cinemas stopped selling cheap tickets at 9.9 yuan or 19.9 yuan,” Chen said.
promoting the application of e-buses, by supporting technology innovation, improving fiscal
and taxation policies, enhancing infrastru
cture construction, as well as reinforcing fund supervision. “It is estimated that in the future, China’s e-bus market will transform to a more market-driven pattern, instead of policy-driv
en. The market will shift from an increm
ental market to a stock market, maintaining steady growth,” he said. Bloomberg New Energy Finance estimates that EVs will attain price parity by the mid
2020s, as lithium battery pric es have been falling. From 2010 to 2018, lithium b
attery prices dropped by over 85 percent, with an annual average decl ine rate of 20 percent. And the decline, with the same rate, is estimated to continue for the next few years.
FTSE Russell, a leading global multi-asset index, data and analytics provider, said Satur
day that it will add Chinese A shares to its widely-tra
cked global benchmarks next month. The addition will be officially effective after the close of share markets on June 24.
According to the plan of FTSE Russell, this mov
e marks the first stage of incorporatin g Chinese shares into its indexes. In this stage, 1,
097 Chinese stocks, or 20 percent of A shares, will be bro ught into the indexes, drawing an expecte
d $10 billion from passive investors. FTSE Russell will add 40 percent of A shares to its indexes in September, and another 40 percent in March next year.