Data published on January 1, 2018 by the State Administration of Press, Publication, Radio, Film and Television showed gross box office in China expanding from RMB45.7 billion in 2016 to RMB55.9 billion in 2017. Using year-end exchange rates ($1 = RMB 6.94 on Jan. 1, 2017, and RMB6.50 on Jan. 1, 2018), China’s box office was US$ 6.59 billion in 2016 and fully US$ 2 billion higher in 2017 at US$ 8.6 billion.The SAPPRFT data show that the number of screens in operation increased by 23% from 41,179 at the end of 2016 to 50,776 at the end of 2017.The agency also reported that overseas box office of Chinese films and co-production increased by 11% to RMB4.25 billion ($653 million).
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