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Make Chinese movies more competitive

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As an important part of China's cultural industry and soft power, Chinese movies made great achievements during the 12th Five-Year Plan (2011-15) period. In fact, in the past five years the box office returns of Chinese movies have on average grown 35 percent a year and China has become the world's second-largest film market. More importantly, China's film industry is expected to maintain its rapid growth rate for at least two years. The success of the Chinese film industry in recent years can be attributed to several factors. For example, the marketization of China's film industry...

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