On April 23, 2014, the United Kingdom and China signed a co-production film treaty that will, according to a press release, “allow qualifying co-productions to access national benefits including sources of finance and an easier passage to audiences.” According to a U.K. Department for Culture, Media & Sport news, under the treaty, co-productions “will be able to access the second highest box office in the world, worth US$2.7 billion and forecast to grow to US$5.5 billion by 2017.”