Home>Top Issues

【People’s Daily Online】China’s cultural confidence encourages movie industry

Tuesday,Mar 27, 2018


As China eyes further opening up, the nation’s movie industry is expected to get yet another boost from the nation’s rising cultural confidence, experts said Tuesday.


“China needs its own track to promote its movie industry with soft power. The pattern applied by Western countries can only be a reference,” Liu Chiu-ti, a New York-based Chinese publisher, at a forum hosted by the Center for China and Globalization (CCG) in Beijing on Tuesday.

Liu, also a senior CCG fellow, mentioned that the rise in cultural confidence also gives China strength for “going out.”

Aiming to develop its cultural industry into a pillar of the national economy by 2020, China has been endeavoring to advance the globalization of the industry on the right path.

With fast expansion, China’s cultural industry had combined revenue of some $1.5 trillion in 2017, according to the National Bureau of Statistics.

In regard to the movie industry specifically, China is now the second largest movie market in the world after the US. Between 2006 and 2016, the domestic box office has risen by 33.8% to $7.2 billion. Some 48 out of 89 movies that yielded more than 100 million yuan at the Chinese box office in 2016 were made in China.

In 2018, Chinese anti-terrorism action film “Operation Red Sea” already topped the box office with over $531 million and became a blockbuster in the overseas market as well, earning an average rating of 7.7 out of 10 on IMDB and 8 on Rotten Tomato, two well-known movie review websites.

Based on a real evacuation mission of PLA Navy, the story “brought in” Hollywood style in terms of production scale and technology, and “went out” with a Chinese story to spark patriotism with audiences of diverse backgrounds, experts at the forum pointed out.

The success of “Operation Red Sea” globally will definitely give China more confidence to tell China’s story well in the international context, experts noted.

China has been continuously injecting impetus to globalization by deepening overall reform and opening-up. Chinese President Xi Jinping renewed the call on Tuesday by vowing to break new ground in opening China further at the opening of the Boao Forum for Asia annual conference in Hainan province.


From People’s Daily Online,2018-4-11

  • China’s got the travel bug – but it lacks visitors

    Visitors from China may have become the biggest contributors to the global tourism market, but the Asian giant with a 5,000-year history apparently is not that attractive to foreign travellers. The number of inbound tourists grew at an average annual rate of just 1 per cent between 2005 and 2015 – and eight out of 10 of those were from Hong Kong, Macau and Taiwan, according to a report by the Centre for China and Globalisation (CCG), a Beijing think tank.

  • CCG President speaks at the Hindustan Times Leadership Summit

    CCG President Wang Huiyao was invited to speak at The Hindustan Times Leadership Summit as the sole Chinese representative at the event, held in New Delhi from October 5 to 6. The summit brought together thought leaders from various fields for in-depth discussion, including politicians, government officials, diplomats, business executives, think tank experts, commentators, scientists, artists, and media representatives.

  • He Yafei: Sino-US relations crucial to global peace and growth

    Many historic changes are due to globalization and global governance, with uncertainties rising in geopolitics adding to the tensions between major powers. Therefore, many ask the question like what could be done to re-calibrate global governance to fix the woes plaguing the world economy.

  • CCG releases 2018 Bluebook Report on Chinese Enterprise Globalization

    On December 3, 2018, the Center for China and Globalization and the Development Research Institute of Southwestern University of Finance and Economics jointly released the 2018 Bluebook Report on Chinese Enterprise Globalization at CCG Beijing Headquarters, which is published by the Social Sciences Academic Press of the Chinese Academy of Social Sciences. This report was coauthored by CCG and the Development Research Institute of Southwestern University of Finance and Economics and edited by Dr. Wang Huiyao, CCG President and Dean of the Development Research Institute of Southwestern University of Finance and Economics, and Dr. Miao Lu, CCG’s Vice President and Secretary General.

  • Think tank urges China to fill the TPP position vacated by US

    The Center for China and Globalization (CCG) suggests China could seize the chance to fill the position vacated by the United States at the TPP table.