Movie Investing Becoming HOT in China
Real estate investment has becoming more strict now. According to Sina News, many investors in China are keen to look for movie investment projects in China.
According to the report, there are currently 189 film project in 2010 reported and there were less than 100 in 2003. The reason is because, till June 20, 2010, the China movie market has already generated 4.4 billion RMB which increased 80% compared to last year. The market in China this year is expected to exceed more than 10 billion RMB. Even some people engaged in real estate speculation truned to investing in the film market to capitalize on this burgeoning segment.
General Manager, Gaojun fom Beijing New Film Association said :” the investment for movie now is very fast, if fast, usually, 7-9 month can cover the investment, if slow, need 9-11 months, meanwhile, the return of investment is very high, one movie that they invested in has 200% investment return rate.
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