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Record holiday box office mirrors Chinese movie market recovery--China Economic Net

China s box office revenue during the five-day May Day holiday ending on Wednesday hit a record high of nearly 1.67 billion yuan (about 258 million U.S. dollars).   It beat the 1.61 billion yuan in ticket sales from May 1 to May 5, 2019, data from the China Film Administration shows.   The latest gains from the holiday, usually a lucrative movie season in China, further the market s robust growth in 2021 that started with record-high New Year s Day earnings, bringing the box office total since the beginning of this year to approximately 22.3 billion yuan.     Movie theaters across China over the five-day period saw a total of more than 44 million moviegoers, according to official figures.

China Focus: Record holiday box office mirrors Chinese movie market recovery - Buz & Tech News

2021-05-06 09:10:58 GMT2021-05-06 17:10:58(Beijing Time) Xinhua English BEIJING, May 6 (Xinhua) China s box office revenue during the five-day May Day holiday ending on Wednesday hit a record high of nearly 1.67 billion yuan (about 258 million U.S. dollars). It beat the 1.61 billion yuan in ticket sales from May 1 to May 5, 2019, data from the China Film Administration shows. The latest gains from the holiday, usually a lucrative movie season in China, further the market s robust growth in 2021 that started with record-high New Year s Day earnings, bringing the box office total since the beginning of this year to approximately 22.3 billion yuan.

Moviegoing boom livens up festival for theaters

Moviegoing boom livens up festival for theaters By XU FAN | CHINA DAILY | Updated: 2021-02-16 07:59 Share Photo watch  Detective Chinatown 3 in a theater in Wenzhou, Zhejiang province, during Spring Festival holiday. [Photo/Sino Weibo] With millions of Chinese having chosen to stay where they are during the weeklong Spring Festival, theater staff are working overtime. They are happy to see the most prosperous time of the year for the Chinese film market, the world s largest in terms of annual ticket revenue. As of Monday, the country has just set a new Spring Festival record by accumulating a box office total of around 6 billion yuan ($929.4 million) during the holiday, including presale tickets, according to the live movie information tracing app Beacon.

Chinese movie market bounces back

Chinese movie market bounces back By XU FAN | CHINA DAILY | Updated: 2021-01-02 07:23 Share CLOSE A poster for A Little Red Flower, the top-grossing Chinese film on the last day of 2020. CHINA DAILY China became the first major movie market to bounce back from an epidemic-hit year in 2020, hauling in 20.4 billion yuan ($3.12 billion) in box office receipts, the China Film Administration said on Thursday night. That result saw it end the year as the world s top-ranking market for the first time, beating out North America. The administration, the sector s top regulator, said domestic films grossed 17.1 billion yuan, accounting for 83.7 percent of total ticket revenue last year. With 5,794 newly installed screens, China now has 75,581, enhancing its world-leading status for the fourth consecutive year.

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