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"Movie+" model boosts holiday consumption in Shanghai, Guangzhou

China

China

China

"Movie+" model boosts holiday consumption in Shanghai, Guangzhou

2026-05-06 12:10 Last Updated At:05-07 13:31

Cinemas and cultural venues in Shanghai and Guangzhou moved beyond traditional screenings by embracing a "film+" model during the May Day holiday, integrating films with tourism, dining, and themed attractions to energize the holiday economy.

In Shanghai's Wu'an Film District, a film-themed bookstore became a popular destination for film enthusiasts.

"More than 80 percent of our books are film-related. During the holiday, our customer traffic rose by 50 percent compared with normal days," said Xiao Pu, manager of the bookstore.

At the 2026 Shanghai International Coffee Culture Festival held on the North Bund, an open-air film screening area drew crowds of locals and tourists, who enjoyed a relaxing blend of cinema and coffee.

During the festival, over 70 cinemas across Shanghai launched a "Coffee and Cinema Month" promotion, offering ticket holders discounts on coffee drinks and limited-edition fridge magnets.

"On the first day of the promotion, our box office revenue increased by about 20 percent year on year, and beverage sales rose by 13 percent," said Lu Ying, manager of a cinema.

In Guangzhou City, south China's Guangdong Province, the Yonghan Film Theme Park saw sustained high attendance. The park created a nostalgic movie atmosphere with classic film posters, vintage projectors, film-reel-shaped lights and retro light trails. It also introduced local specialty eateries and Cantonese snacks, set up a film-themed food market and an open-air viewing area where visitors could enjoy movies while savoring authentic local dishes.

The park is closely linked to surrounding tourism and retail businesses, forming a consumption loop that integrates movies, food, cultural exploration, and shopping, drawing foot traffic and boosting spending.

"In the past, watching a movie meant being cooped up in a closed theater, and a trip to the park was just for a walk. But here it is different. You can watch a film outdoors, and there are so many appealing shops. It feels completely free and relaxing," said Ma Huimin, a visitor.

"The shift from 'movie' to 'movie+' has mobilized a growing number of cultural industries, bringing cinema into broader spaces and creating new hubs for both consumption and culture," said Chen Tao, Associate Dean of the School of Liberal Arts at Renmin University of China.  

"Movie+" model boosts holiday consumption in Shanghai, Guangzhou

"Movie+" model boosts holiday consumption in Shanghai, Guangzhou

Chinese mainland equity markets closed slightly lower on Friday, giving back some of the momentum from earlier multi-year highs as renewed geopolitical concerns in the Middle East weighed heavily on investor sentiment, according to a market analyst.

The benchmark Shanghai Composite Index ended the session flat at 4,179.95 points, while the Shenzhen Component Index slipped 0.5 percent to 15,563.80 points.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 0.96 percent to close at 3,796.13 points.

Timothy Pope, a market analyst for China Global Television Network (CGTN), attributed the pullback to renewed tensions between Iran and the U.S.

"We had the Chinese mainland markets hitting all sorts of multi-year highs, particularly small-cap tech stocks, on Wednesday. But the war in the Middle East was back to dominate sentiment on Friday. The word that keeps being used to describe the current U.S.-Iran ceasefire is 'fragile', and despite strikes from both sides on Thursday, they insist it's holding. But the market's hopes for that one-page peace deal that the White House had been touting earlier in the week, they really have been dealt a serious blow. The Shanghai Composite Index ended the session pretty much flat. The Shenzhen Component lost about half of one percent, and the small-cap ChiNext board was off by almost 1 percent," said Pope.

He noted that chip stocks led the decline as investors locked in profits following strong midweek rallies.

"Chip stocks were the biggest decliners this session. Investors were really taking profits there. But they had very strong sessions, particularly as I said on Wednesday, and they were ripe for a bit of profit-taking. An index tracking semiconductor stocks managed to regain a little bit of ground by the end of the session, but it was still down more than 2.5 percent at the close. Energy stocks were also down, with any resolution of the U.S.-Iran war looking like a more and more distant prospect," said the analyst.

Chinese mainland shares retreat as Middle East tensions overshadow earlier gains

Chinese mainland shares retreat as Middle East tensions overshadow earlier gains

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