Oct 18, 2016 05:44 PM

Holiday-Season Ticket Sales See First Decline In Nearly Decade

Photo: Shutterstock
Photo: Shutterstock

(Beijing) — At the beginning of 2016, the China's movie industry was abuzz with talk about projected box-office receipts exceeding 60 billion yuan ($8.9 billion) this year.

And that was seemingly a modest target, given that the industry has been on a roll over the past decade with nationwide box office earnings up by nearly 50% a year ago to 44 billion yuan.

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