(From Sina English, 9/12.)

With the Chinese film market experiencing a slowdown this summer, live performances including dramas, comedies and concerts, are likely to become China's next dark horse when it comes to rapid growth, Tang Xiaoming – chairman of We Capital, a cultural investment startup – said on Thursday in Beijing at the company's first press conference.

According to Tang, skyrocketing housing prices are one of the several factors behind the mainland film market's box-office slowdown.


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