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DEVELOPMENT OF CHINA'S INDUSTRY |
| Traditional Chinese Audio and Video Industry in 2006 continually maintains its decline trend with pessimistic market situation and decreasing industry confidence. It is now in the developing crossroad. Thought Chinese government have carried out an overwhelming ˇ°100-day Anti-pirate Actionˇ±, which resulted in notable increase of legal Audio and Video products sales proportion, the future of Audio and Video industry is still dim. |
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STATUS OF FOREIGN INVESTMENT |
| In 2006 there were 2 projects using foreign investment in audio-visual industry. The actually used foreign capital amount was 30,000 USD. |
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COMMITMENTS TO THE WTO AND INTERNATIONAL PRACTICES |
| The audio-video industry falls with the service trade in accordance with the GATT/Uruguay Round Service Trade Agreement. For the time being, most countries make an exemption of the press, publishing and audio-video service. |
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DEVELOPMENT OF GLOBAL INDUSTRIES |
| The whole year income of American domestic box office reached 9.49 billion in 2006, quoted a report released by American Film Institute as saying, and increased by 5.5% from the previous year, which turned down a 3-year consecutive slide. The number of tickets sold by American cinemas nationwide was up to 1.45 billion, increased by about 3.3% from the previous year. |
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