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In an interview, Wang boasted of his plans to expand in China's movie market, which overtook Japan to become the world's second biggest after ticket sales rose 36 percent last year to $2.7 billion. "There's no single company in the whole world that has a big-scale production base, and at the same time has screening and distribution channels. Wanda Group is the first one in the world," Wang said. "As long as we build the film production park and produce better content, we'll certainly be the most successful company in this industry." China's government allows only 34 foreign films per year for national distribution. At least 14 of them must be made in 3-D or for the big-screen Imax format. Wang was named China's richest person earlier this month with a fortune of $22 billion by the Hurun Report, which follows China's wealthy. Forbes also said Wang rose to the top spot on its China rich list, with his estimated fortune rising to $14 billion.
[Associated
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