It’s centainly an unbelievable privilege and honor to be here at the 2nd Beijing International Film Festival. This is certainly a historic occasion and it’s so beautifully produced and quite magnificent. The opening act alone was certainly worth the 15-hour flight to get here. It was absolutely exquisite.
China is not only one of the most active economies globally but is a fast growing market for films in the world right now. In this country, they are installing 8 new cinemas a day and the rate is actually rising. There are still thousands of towns and counties waiting to get their first movie theaters ever. And when they get them, they’ll be in digital 3D.
I personally experienced the effect of this rapid expansion. In the last two weeks, “Titanic 3D” has made as much money here in China as it has in all the other international markets combined. I think that's incredible.
And not only is rapid growth in the number of theaters unprecedented, but the embrace of 3D, and the cinema-going experience by Chinese audiences is breathtaking. In an age of streaming video watched on iPhones and tablets, the Chinese audience has spoken resoundingly, that they love watching movies where movies were meant to be seen, on the big screen.
I believe this rising tide will raise all the ships together not only the international films which now have greater access to the growing Chinese market, but the internal Chinese film industry itself which will benefit from the rapidly growing installed base of theatres and audience that's hungry for entertainment.
China is a force to be reckoned with in the world film industry and the world is paying attention to China. I expect this year's festival to be a landmark moment as filmmakers from all over the world mingle with the Chinese film community to exchange views, to plan co-productions and simply to continue to earn each other's respect. Today and together we can shape a vibrant and prosperous future.
Films are such an important vehicle for cultural exchange between countries and peoples. We can feel the open atmosphere of Beijing International Film Festival embracing and representing a variety of films from different locations, languages and cultures and in various categories.
You know, we gather here to celebrate and enjoy each other's work as film-makers, and together, to contribute to making Beijing International Film Festival an increasingly important event for the world film industry in coming years.
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