China is the world's third largest spender for Entertainment and Media

"China passes Germany in 2011: Thirteen countries in 2011 had E&M spending above $25 billion, led by the United States at $464 billion. China passed Germany in 2011 to become the third largest E&M market in the world. Brazil overtook South Korea in 2011 and during the next five years will pass Canada and Italy to become the seventh largest market."

Source:  PwC's Entertainment and Media Outlook Report, June 2012

Nore - Lots more stats and data available