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Special fund supports high-quality development of China's film industry

China

China

China

Special fund supports high-quality development of China's film industry

2026-01-25 17:44 Last Updated At:01-26 12:48

China's special fund for its film industry will further promote the sustained and healthy development of the industry in the new year, the fund's management committee has said.

Under guidance of the Ministry of Finance and the China Film Administration, the special fund helped bring a powerful performance of China's film market in 2025, with the box office revenue rising nearly 22 percent to approximately 51.83 billion yuan (about 7.37 billion U.S. dollars), according to data from the China Film Administration.

Movies with assistance of the fund earned more than 41.7 billion yuan in 2025, accounting for 87 percent of the total box office of domestic films during the year.

In 2025, the special fund also advanced applications of emerging technologies such as AI and LED screening in the film industry, and supported film production bases in upgrading and improving their facilities.

"The management office of the special fund provided the entire industry with considerable assistance in terms of industry standards and policy guidance. China's CINITY LED screening system has surpassed those of many countries, and achieved great technological breakthroughs on the international market," said Jin Yu, chief technology officer of China Film Tech (Beijing) Co., Ltd.

"With the support of relevant funding policies, the China Research Institute of Film Science and Technology has successfully developed an immersive audio processor that conforms to global unified standards and reaches the level of Dolby. That has filled the technological gap in China's high-end film audio equipment field and further enhanced the overall quality and international influence of Chinese film industry," said Dong Qiangguo, deputy head of China Research Institute of Film Science and Technology.

Special fund supports high-quality development of China's film industry

Special fund supports high-quality development of China's film industry

Russia and Ukraine reported intensified military operations and heavy fighting on Sunday, as Russian forces targeted Ukrainian energy infrastructure and Ukrainian troops repelled numerous attacks.

The Russian Defense Ministry announced a series of strikes across several fronts, including Sumy, Kharkiv, Donetsk, Dnipropetrovsk, and Zaporizhzhia. Its forces targeted energy infrastructure and production facilities used by Ukraine's defense industry complex, as well as storage and launch sites for long-range drones, and temporary deployment points for Ukrainian troops and foreign mercenaries.

The General Staff of the Armed Forces of Ukraine reported on Sunday that 127 combat engagements occurred along the front lines during the previous day. Ukrainian forces launched strikes on Russian personnel and equipment concentrations using air force, missile, and artillery units. Ukrainian defenses successfully repelled 44 Russian attacks in the Pokrovsk direction.

Russia hits Ukraine's energy sites, Ukraine repels numerous attacks

Russia hits Ukraine's energy sites, Ukraine repels numerous attacks

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