-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.
“We saw 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.
“We see 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.
s out of ou上海品茶微信女神会所r expectations, and it was maintained because of countercyclical policies,” said Zhang Xiaojing, a senior economist with the CASS.
But the deleveraging process should continue, and more measures will be introduced to ease the debt burden, especially
for the private sector, said Lian Weiliang, deputy head of the National Development and Reform Commission.
One of the key measures is to further promote the debt-to-equity s
wap program, to inject more social funds into indebted companies through holding the co
mpanies’ shares, the NDRC official said. “We will choose more qualified private companies to join this program.”
By the end of April, the total value of debt-to-equity swap reached 2.3 trillion yuan ($332.8
billion). More than 20 percent was for the centra上海品茶微信女神会所l State-owned enterprises, inclu
ding China Baowu Steel Group Co Ltd, State Power Investment Co Ltd, and China Shipbuilding Industry Corp, acc
ording to data from the State-owned Assets Supervision and Administration Commission.
Despite a busy schedule, Xi still tries to find time to interact with children.
He has extended greetings to children nationwide every International Children‘s Day since he became
president in 2013, showing his care for their growth and his hope for them to carry on endeavors to realize the nation’s dreams.
International Children’s Day falls on June 1 every year.
In May 2013, while inspecting a school devastated by an earthquake in Sichuan province, Xi t
old students to turn their trauma into a source of strength, urging them to be strong, brave and united.
When visiting a primary school in Beijing’s Haidian district in 2014, Xi spoke of the
need to guide children to set high goals and create conditions for them to grow into adulthood.
On June 1, 2015, when speaking to members of the Young Pioneers of China in Bei
jing, Xi called on all Chinese children to learn to be people of integrity, knowledge and responsibility from an early age.
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-tracked 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 move 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 expected $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.