www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   
  home feedback about us  
   
CHINAGATE.CHINA POST WTO.impactservice    
    Key Issues  
 
  Commitments implementation  
  Role of government  
  Impact:  
    >Agriculture  
    >Industry  
    Service  
  Trade & tech barrier  
  Legal system  
  IPR  
  Labour & employment  
  Free trade & globalization  
 
 
       
       
       
     
       
       
       
       
 
 
 

Time Warner spearheads China's potential cinema market


2003-06-20
Xinhua

Huge United States media conglomerate Time Warner is spearheading the Chinese cinema market, paying nearly half the cost of a luxurious multiplex cinema in Shanghai, reported Xinhua News Agency.

The new 28.5 million yuan (US$3.4 million) cinema has been preferentially permitted to show Warner's latest blockbuster production Matrix II one week earlier than any Shanghai cinema, said Xie Baoxin, general manager of the Shanghai Yongle Co, Time Warner's Chinese partner in the milestone deal.

Shanghai Yongle will hold 51 percent and Time Warner 49 percent of the shares of the cinema.

Local film business insiders say the deal will be a step forward in opening China's movie industry to the world as part of the country's World Trade Organization commitments.

Time Warner's entry into the domestic market is a strategic investment plan, leaving behind other US heavyweight competitors such as 20th Century Fox Corp, Columbia Studios and MGM (Metro-Goldwyn-Mayer), Xie noted.

Located at the Xujiahui shopping center in downtown Shanghai, the jointly funded cinema with top-class audio-visual equipment and facilities will eventually consist of 11 cinemas of various sizes, the biggest seating 350 and the smallest 110, said Xie.

The cinema sector is generally regarded as the retail market of the movie industry, and is currently worth less than 1 billion yuan (US$120 million) annually in China.

But the population of 1.3 billion and its increasingly rising economic strength make it a potentially huge market, likely to be intensely-targeted major international movie businesses.

In the general manager's view, Time Warner's investment was not for immediate return, but to set up a model of international standards for Chinese cinemas, with returns to follow in the future.

Chinese analysts said that such investments would encourage China's cinema industry to become more and more involved with the international market and force local cinemas and operators to modernize.

Time Warner and Shanghai Yongle were both committed to keep each other the preferential partner in seeking cinema-building programs in China.

The Chinese firm holds the largest share of box office revenue in the nation, controlling 57 cinemas in Shanghai and neighboring Jiangsu and Zhejiang provinces, Xie said.

The two partners will jointly establish technical services company for entertainment facilities, offering renovation engineering technologies to domestic multiplex cinemas and management training programs.

US movie operators first moved into China's film distribution market back in 1929. Warner set up its own distribution company as early as 1932, but had not input investment in cinemas.

In 1994, China's movie authorities initiated a reform adopting a profit-sharing policy between the government, distributors and cinemas, and the first foreign film imported under this policy was a Warner production -- The Fugitive.


   
 
home feedback about us  
  Produced by m.orobotics.cn. All Rights Reserved
E-mail: webmaster@chinagate.org.cn
主站蜘蛛池模板: 欧美一级毛片欧美大尺度一级毛片 | 久久久久99精品成人片三人毛片 | 99国产精品欧美久久久久久影院 | 全部免费毛片免费播放 | 男女在线免费视频 | 在线亚洲精品中文字幕美乳 | 色老久久精品偷偷鲁一区 | 亚洲天堂成人 | 欧美成人免费午夜全 | 久久99国产精品亚洲 | 亚洲精品久久一区毛片 | 高清毛片一区二区三区 | 国产精品久久国产三级国电话系列 | 日本不卡一二三区 | 97在线视频免费播放 | 日本特级淫片免费看 | 欧美日韩亚洲v在线观看 | 国产九区 | 成人爱爱网站在线观看 | 日韩一级在线播放免费观看 | 美女张开腿让人桶 | 另类二区三四 | 美一级片 | 欧洲欧美成人免费大片 | 日本成本人片 | 欧美特级另类xxx | 欧美精品色精品一区二区三区 | 日韩国产欧美在线观看一区二区 | 欧美日本高清视频在线观看 | 免费一级欧美大片久久网 | 久草网首页 | 久久亚洲欧洲日产国码 | 国产成人精品日本亚洲专区6 | 碰碰久久| 国产成人免费影片在线观看 | 日本三级香港三级人妇r | a黄色毛片 | 长腿美女被啪的欲仙欲死视频 | 黄色免费在线观看视频 | 亚洲女人被黑人猛躁进女人 | 九九色在线视频 |