IMAX China Says 2017 Looks to Be Excellent Film Year

The transcript discusses the decline in China's box office in 2016 and the strategic positioning of IMAX in the Chinese market. Despite increased competition from other players, IMAX remains optimistic due to its strong market presence and strategic partnerships. The discussion also covers the potential impact of Hollywood film import agreements and trade tensions on the Chinese cinema industry. Looking ahead, 2017 is expected to be a promising year for the box office with several blockbuster releases anticipated.

What is the significance of the deal signed between China and the US regarding Hollywood films?

How do local Chinese films compare to Hollywood films in terms of consumer preference?

What are the expectations for the Chinese box office in 2017 based on upcoming film releases?