Variety: The fourth running of the Beijing Film Market wrapped on Saturday with a quickfire series of set-piece contract signings in front of an array of senior Chinese officials. It was announced that over RMB10 billion ($1.61 billion) of business had been done in the three days April 17-19.
That claim breaks down in RMB3.8 billion ($612 million) for production, RMB3.4 billion ($550 million) for cinema and other construction projects and RMB2.3 billion ($370 million) for ‘film foundation projects’.
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