China agrees to foreign film deal
Posted on Feb 22, 2012 05:02:33 AM
China has agreed to ease restrictions on the number of foreign films shown there, and to increase the amount film studios can make from ticket sales.
According to tracking firm Artisan Gateway, China had 10,500 cinema screens by the end of 2011. It said the figure could top 13,000 by the end of this year.
By comparison, the US has 40,000 cinema screens.
During Mr Xi's visit to California, US film giant DreamWorks Animation announced a $330m (£210m) joint venture with China.
Oriental DreamWorks will give the company further access to Chinese cinema-goers who have fallen in love with films including the studio's Kung Fu Panda 2.
© 2011 BBC News (www.bbc.co.uk)