Lights, camera, billions! China's film industry just scored a blockbuster achievement, hitting 50 billion yuan ($6.85 billion) in box-office earnings this week – faster than the runtime of Avatar: The Way of Water 🏄♂️. The National Radio and Television Administration revealed it took just 317 days to reach this record, signaling major recovery for theaters post-pandemic.
Homegrown stories are stealing the spotlight 🌟: Domestic films claimed 83.4% of total earnings (41.7 billion yuan), with local productions dominating the year's top 10 highest-grossing list. While specific titles aren't named yet, analysts say this reflects both creative innovation and audience demand for culturally resonant storytelling.
This comeback story isn't just about numbers – it's a cultural reset showing how movie magic continues to thrive in the world's second-largest film market. 🍿 Will 2024 bring even bigger screens and bolder stories? Stay tuned!
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China's box-office earnings hit milestone 50 billion yuan in 2023
cgtn.com