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China Entertainment Lifestyle

China’s Film Market Will Be the Biggest by 2025

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China’s film market will take the lead in the world by 2025, according to a report released by global auditing and consultancy firm PwC.

In 2027, the country’s¬†movie box office revenue¬†could hit 13.2 billion USD, accounting for 27% of the global market, according to the report titled Global Entertainment and Media Outlook 2023-2027.

The report also estimated that the total revenue of China’s entertainment and media industry will reach approximately 479.9 billion USD by 2027, and the compound annual growth rate over the next five years will stand at 6.1%, higher than the global rate of 3.5%.

Read the article HERE.

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