Business / Technology

Chinese filmmakers realistic over virtual reality

(Xinhua) Updated: 2016-04-23 11:18

Chinese filmmakers realistic over virtual reality

HTC VR equipments are demonstrated at an industry expo in Shenzhen, Guangdong province in 2015. [Photo/Xinhua]

Even if tech companies and analysts have repeatedly preached their belief that virtual reality (VR) is the future of entertainment, Chinese filmmakers are taking a wait-and-see attitude.

At the ongoing 6th Beijing International Film Festival, a panel discussion was held on VR in filmmaking. According to iiMedia Research, China's total VR market was worth 1.5 billion yuan ($237 million) in 2015. It is expected to exceed 5.6 billion yuan this year and 55 billion yuan in 2020.

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