Film industry to have good year without setting record

BEIJING - Think tanks are predicting the film industry in China will see a 30 percent increase in its box-office returns in 2011, just a year after those returns had risen by 64 percent.

In 2010, the Chinese film industry made 10 billion yuan ($1.6 billion), and that number is expected to be closer to 13 billion yuan this year, according to a report in the Blue Book on China's Culture 2011, which was released on Tuesday.

The book was jointly produced by the Chinese Academy of Social Sciences, the Ministry of Culture and Shanghai Jiao Tong University's cultural industry innovation and development research center.