Coming soon: battle for the big screen
By Liu Wei | China Daily | Updated: 2012-06-02 07:49
Chinese film authorities are considering returning their 5 percent cut of box office revenues to theaters that show more domestic films.
The move would help Chinese film companies, which are facing stiffer competition from Hollywood movies as the annual quota for foreign films in China is increased from 20 to 34.
The central government collects 5 percent of theater revenues for the National Film Development Fund, which channels the money to support rural film screenings, and children's and patriotic films.
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