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May Day holiday box office hit 758 mln yuan as “film+” economy, affordable pricing drive cinema frenzy

China

China

China

May Day holiday box office hit 758 mln yuan as “film+” economy, affordable pricing drive cinema frenzy

2026-05-06 10:36 Last Updated At:14:59

China's five-day May Day holiday, a key moviegoing period, concluded with a cumulative box office of 758 million yuan (approx. 105 million U.S. dollars), marking a 1.41 percent year-on-year increase, according to final statistics released by the National Film Administration on Wednesday.

Alongside the total revenue growth, key operational metrics showed broad expansion. Total attendance surged 10.23 percent to 20.84 million viewers, while the number of screenings rose 2 percent to 2.38 million during the holiday that ended on Tuesday.

The uptick in foot traffic and showings was largely supported by a more consumer-friendly pricing strategy: the average ticket price dropped to 36.3 yuan, an 8 percent decline from last year's 39.5 yuan, making cinema outings significantly more accessible during the peak travel period.

Beyond traditional screenings, the holiday period highlighted the continuous upgrade of "film+" business models. Theaters and distributors increasingly integrated cross-sector experiences, including themed merchandising, interactive exhibitions, dining partnerships, and localized promotional campaigns.

Coupled with targeted consumer subsidies and platform discounts, these initiatives delivered a more diverse and value-driven entertainment experience, successfully converting casual holiday foot traffic into sustained cultural consumption.

The strong performance reflects cinema's expanding role as a catalyst for broader service-sector growth. Since the beginning of this year, China's full film industry chain has surpassed 210 billion yuan in total output value.

May Day holiday box office hit 758 mln yuan as “film+” economy, affordable pricing drive cinema frenzy

May Day holiday box office hit 758 mln yuan as “film+” economy, affordable pricing drive cinema frenzy

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U.S. dollar ticks up

 

The U.S. dollar strengthened in late trading on Tuesday.

The dollar index, which measures the greenback against six major peers, added 0.07 percent to 98.441 at 1900 GMT.

In late New York trading, the euro was up to 1.1700 dollars from 1.1692 dollars in the previous session, and the British pound rose to 1.3551 dollars from 1.3534 dollars in the previous session.

The U.S. dollar bought 157.88 Japanese yen, higher than 157.24 Japanese yen in the previous session. The U.S. dollar was down to 0.7827 Swiss francs from 0.7836 Swiss francs, and it climbed to 1.3618 Canadian dollars from 1.3611 Canadian dollars. The U.S. dollar fell to 9.2598 Swedish kronor from 9.2861 Swedish kronor.

U.S. dollar ticks up

U.S. dollar ticks up

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