Lights, camera, record-breaking action! 🍿 Chinese cinemas just wrapped up their biggest New Year holiday ever, raking in 1.533 billion yuan ($215M) from December 30, 2023 to January 1, 2024. Move over Marvel – homegrown hits like 'Shining for One Thing' and 'If You Are the One 3' dominated screens across the country.
Popcorn-worthy stats 📊:
- 36.1M tickets sold during the holiday weekend
- 1.4M screenings nationwide – an all-time high
- Top director Zhang Yimou banked 5.89B yuan in 2023 alone
The momentum didn't stop there! 2023 marked a blockbuster comeback for the Chinese film industry:
- 54.9B yuan ($7.7B) total annual revenue
- 83.7% market share for domestic films
- 'Under the Light' crowned 2023's highest-grossing film with 4.54B yuan
As streaming services boom, these numbers prove the big-screen magic is alive and well in the Chinese mainland. 🎥✨ Could this signal a new golden age for Asian cinema? Stay tuned!
Reference(s):
Chinese cinemas see record box-office takings over New Year holiday
cgtn.com