As capital rushes into the Chinese film industry, fierce competition is expected. The creativity and quality of homegrown movies, two outstanding shortcomings compared with Hollywood productions, will be improved.

Second, Chinese culture and stories have provided a rich source of inspiration for domestic productions. For example, the highest grossing animations in China are the Kung Fu Panda series and Monkey King films.

Once they master cutting-edge film technology and improve narration, Chinese filmmakers could see their potential unleashed.

Also showing promise is the younger generation of filmmakers, who are born after 1970. With more professional and international training compared with their predecessors, such as acclaimed director Zhang Yimou, they are equipped to make breakthroughs.

Young directors, who often travel to the United States and Europe for seminars and award ceremonies, are also more familiar with Hollywood productions.

One recent example, domestic drama Mr. Six is rated 8.2 out of 10 on douban.com, a major online website for films, achieving higher marks than many international renowned films including Gravity, which gets 7.8 on the same website.

This being said, no one can predict the exact year when a homegrown film will stun the world.

Patience is gold for domestic filmmakers.