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China's box office surpasses 11 bln yuan in 2026

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China's box office surpasses 11 bln yuan in 2026

2026-03-13 11:31 Last Updated At:23:27

China's box office revenue has exceeded 11 billion yuan (about 1.6 billion U.S. dollars) so far this year, maintaining its position as the world's largest single film market.

The total, including pre-sales, surpassed the mark on Thursday, according to data from Maoyan, one of the country's major online movie ticket platforms.

When the National People's Congress (NPC), China's top legislature, and the National Committee of the Chinese People's Political Consultative Conference, the country's top political advisory body, was in session earlier in March, the strong performance of China's film industry became a widely discussed topic among NPC deputies and national political advisers.

Many said China's leading position in the global box office marks not only a breakthrough but also a new starting point.

Driven by the "Film Economy Promotion Year" initiative, relevant authorities have been promoting cross-sector programs linking films with tourism, gastronomy and intangible cultural heritage, with the emerging "film-plus" consumption model turning box office momentum into broader growth for the real economy.

With support from the China Film Administration, local governments have rolled out a variety of movie ticket subsidy programs since the start of the year, helping reduce average ticket prices by about 6 percent and encouraging more people to go to theaters. Screenings during the nine-day Spring Festival holiday reached a record 4.35 million sessions nationwide.

A single movie ticket can spur spending in sectors ranging from dining and shopping to transportation and cultural merchandise, providing a boost to the offline economy.

Estimates show the total value generated by the film industry has exceeded 150 billion yuan (about 22 billion U.S. dollars) in 2026.

Beyond theaters, the trend of traveling with films is fueling a new wave of consumption. Regions across China are combining local cultural and tourism resources with film-related promotions, creating "film-plus-tourism" experiences that turn cinematic popularity into consumer demand.

Since the start of the year, Chinese films have not only driven the domestic box office but have also continued gaining popularity overseas.

During the Spring Festival holiday, films including "Scare Out" and "Blades of the Guardians" were released simultaneously on the first day of the Chinese New Year in more than a dozen countries and regions, including North America, Europe, Australia, New Zealand and Southeast Asia.

At the same time, overseas promotions for initiatives such as "China Travel with Chinese Films" are attracting more international audiences to visit China so as to experience the country's culture, natural scenery and modern development.

China's box office surpasses 11 bln yuan in 2026

China's box office surpasses 11 bln yuan in 2026

China's box office surpasses 11 bln yuan in 2026

China's box office surpasses 11 bln yuan in 2026

China's blue-chip CSI 300 Index made modest gains in the past week thanks to the huge electrification campaign that reduces the country's exposure to the volatile oil price as the continuing conflict in the Middle East enters the second week, said an analyst on Friday.

Chinese stocks closed lower on Friday, with the benchmark Shanghai Composite Index down 0.81 percent to 4,095.45 points.

Timothy Pope, a market analyst for China Global Television Network, said the CSI 300 Index made modest gains despite a rough week for both Chinese and global stock markets.

"The conflict in the Middle East really shows no sign of winding down and it has been as you said another rough week for the global markets. Today the Shanghai Composite Index closed down 0.8 percent, and ended lower for the week as well, but the blue-chip CSI 300 Index actually managed to make some modest gains this week. And that fits what we've been hearing from analysts and investment banks, including Morgan Stanley and UBS. They've said that China's got less oil exposure than other economies. This is partly because of the huge electrification campaign which has been happening in China from family cars to road haulage, and also just the total energy mix here. But we know that oil isn't the only thing that's not getting out of the Middle East at the moment. Fertilizer has emerged as another big disruption point and we have seen in the last 48 hours China already begin early releases of fertilizer reserves ahead of the spring planting season. With all that in the mix we have seen the likes of Morgan Stanley and UBS touting A-shares as a diversification option and a resilient market in this risk-off investment environment," said Pope.

"Sector-wise today we saw some consumer stocks rising -- led by liquor makers, in particular, Kweichow Moutai. There were also some limited gains for Chinese real estate and financial firms. But with the oil price still extremely volatile, Chinese resources and energy shares pulled back today to become the two worst-performing sectors," said Pope.

Chinese blue-chip stocks make gains amid a rough week for global markets: analyst

Chinese blue-chip stocks make gains amid a rough week for global markets: analyst

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