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March 13, 2014 by · Leave a Comment 

The burgeoning Chinese film market has already crossed $1 billion this year, far outpacing its 2013 growth rate, film industry consultants Artisan Gateway said today (Thursday). The announcement was made as RoboCop brought in $21.5 million in its second week in release in China, putting its gross at $42 million. In its third week, The Hobbit: The Desolation of Smaug brought in $11 million to claim the runner-up spot. It has now grossed $71.3 million in China, according to Artisan. Last year the Chinese box office surged 27 percent to $3.6 billion, making the market second only to North America. Films in the U.S. and Canada have reached $1.8 billion thus far this year, up 5 percent from a year ago.