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SHANGHAI Daniel Carlson Womens Jersey , June 16 (Xinhua) -- IMAX Corporation, a Canadian company known for its giant-screen technology, and CMC Capital Partners, China's leading media and entertainment investment fund, launched the China Film Investment Fund on Tuesday.
The fund, with a start-up capital of about 50 million U.S. dollars Mike Hughes Womens Jersey , will invest in 10 Chinese films in the first stage, according to a joint statement.
The fund aims to improve the film quality and promote Chinese films in the global market, said Li Ruigang, the CMC chairman.
The two sides will set up a committee to choose films for investment. The films they invest in will hit the cinemas within the IMAX global network.
China's movie industry ushered in an era of rapid development following reforms in 1993 and 2002, with measures including lifting government control of film distribution, giving cinema chains freedom to set prices Authentic Jaleel Johnson Jersey , and consolidating film production agencies into bigger, more effective cooperatives.
Its average box office revenue has sustained 35-percent growth in recent years. Last year, films generated a revenue of almost 30 billion yuan, 32 times that of 2002.
NEW YORK, Aug. 2 (Xinhua) -- The Dow Jones Industrial Average broke 22,000 milestone for the first time on Wednesday Authentic Pat Elflein Jersey , as shares of Apple soared following strong quarterly earnings.
The Dow Jones Industrial Average was up 52.32 points, or 0.24 percent, to 22,016.24. The S&P 500 rose 1.22 points, or 0.05 percent, to 2 Authentic Danielle Hunter Jersey ,477.57. The Nasdaq Composite Index ticked down 0.29 points, or less than 0.01 percent, to 6,362.65.
After Tuesday's closing bell, Apple announced quarterly revenue of 45.4 billion U.S. dollars and quarterly earnings per diluted share of 1.67 dollars. Analysts polled by Reuters expected earnings per share of 1.57 dollars on revenue of 44.89 billion U.S. dollars.
Shares of the tech giant rallied 4.73 percent on Wednesday, and drove the Dow above 22 Authentic Eric Kendricks Jersey ,000 for the first time ever.
This earning season has been strong so far and has broadly been supportive of stock market recently.
Latest data from Thomson Reuters showed that the S&P 500 companies' blended earnings in the second quarter of 2017 are expected to rise 11.4 percent year on year, while the revenues are forecast to increase 4.9 percent.
Some analysts, however, said the tech sector might continue to face pressure from profit-taking following upbeat earnings.
Meanwhile, investors also turned their eyes to a slew of economic data, as they tried to find clues on when the Federal Reserve might start the balance sheet reduction.
U.S. private sector employment increased by 178 Authentic Trae Waynes Jersey ,000 jobs from June to July, well below market consensus of 185,000, said the July ADP National Employment Report on Wednesday.
The ADP report is often seen as a preview for the closely-watched U.S. nonfarm payrolls data due out on Friday.
China marks PLA's 90th anniversary with grand rally
Aerial view of Hohhot in China's Inner Mongolia
Tourists walk on glass bridge across Yellow River in Ningxia
People take measures to beat summer heat across China
Military parade held to mark PLA 90th birthday (Part I)
SWAT team members take part in drill
Acrobatic show staged in China's Xinjiang
Martial arts competition held in China's Henan
Trip to help strengthen region’s national identityLin Yue and Chen Aisen of the Chinese Olympic diving team put on a demonstration at Victoria Park swimming pool in Hong Kong on Saturday. A delegation of Chinese mainland athletes who won medals at the Rio 2016 Olympic Games is visiting Hong Kong from Saturday to Monday. Photos: AFP
The warm welcome received in Hong Kong by the Chinese mainland Olympic delegation can help mend Chinese mainland-Hong Kong ties in the wake of pro-independence protests and help strengthen Hong Kong residents' national identity, analysts said.
The 64-strong delegation saw 42 gold medalists and five coaches, including ping-pong player Zhang Jike Authentic Laquon Treadwell Jersey , swimmer Sun Yang, the Chinese women's volleyball team and coach Lang Ping, visit the region, the Xinhua News Agency reported.
Hong Kong also invited athletes who did not win gold at the Rio Games, such as bronze medal-winning swimmer Fu Yuanhui and badminton superstar Lin Dan, according to Xinhua.
Fu became an Internet sensation in China after her captivating post-match interviews.
Xinhua reported that the delegation will have three showcases during the trip Authentic Ben Gedeon Jersey , including ping-pong and diving exhibitions with children. Some 6,000 tickets were sold in three hours last week, and tickets which had only a face value of HK$20 ($2.5) were apparently being sold by scalpers for as much as HK$1,000.
According to Hong Kong-based newspaper Ming Pao, Fu said during the press conference in Hong Kong on Saturday that she loves Hong Kong and she had never dreamed of being so popular. She stressed that "We [the mainland and Hong Kong] are family, like brothers and sisters."
The delegation also faced some difficult questions as a reporter from Hong Kong's Apple Daily asked the athletes how they would respond if they encountered protests during their visit as tensions between the mainland and Hong Kong were on the rise.
Wen Wen Authentic Dalvin Cook Jersey , a mainland official who hosted the press conference, said the question was irrelevant to the purpose of their visit. He said sports are not related to politics and that they need to let go of politics, Ming Pao reported.
It has been a tradition for mainland medalists to visit Hong Kong after the Olympics since the Sydney Games in 2000. This event can always boost national pride and enhance the ties between the mainland and Hong Kong.
Patriotic feelings
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