China’s box office exceeded 50 billion yuan (7.5 billion US dollars), the first year the country has broken the 50-billion mark, according to the State Administration of Press, Publication, Radio, Film and Television (SAPPRFT).
Box office of domestic movies reached 26.2 billion yuan, accounting for 52.4 percent of the total. A total of 78 films pocketed 100 million yuan each, including 39 domestic ones.
The country has seen its box office increase steadily for the past 15 years. In 2002, it was less than 1 billion yuan; in 2010 over 10 billion yuan; 2013 more than 20 billion yuan and in 2015 over 40 billion yuan.
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The 2018 Boao Forum for Asia (BFA) annual conference is scheduled for April 8 to 11 in Boao, Hainan Province. The forum will be themed "An Open and Innovative Asia for a World of Greater Prosperity."
— The Daily Mail - People's Daily