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China's 2026 box office surpasses 14 bln yuan

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China

China's 2026 box office surpasses 14 bln yuan

2026-05-13 22:15 Last Updated At:05-14 12:58

China's 2026 box office revenue had surpassed 14 billion yuan (about 2.06 billion U.S. dollars) as of Tuesday, fueled by a diverse array of hit movies and consumption promotion campaigns.

The film industry got off to a strong start during the Spring Festival holiday. "Pegasus 3," the latest installment in director Han Han's racing comedy franchise, amassed over 4 billion yuan and remains the year's top grossing film so far.

Released during the Qingming Festival, the comedy drama "It's OK" focused on a mother-daughter bond and resonated strongly with young women, topping April's box office chart with more than 160 million yuan in ticket sales.

During the just concluded May Day holiday, "Dear You," a low budget film in the Chaoshan (Teochew) dialect featuring an almost entirely first-time cast, became one of China's biggest cinematic surprises of 2026. As the highest rated domestic release so far this year, the tear-jerking drama had raked in over 180 million yuan as of Wednesday afternoon.

The five-day May Day holiday, a key period for movie-going, drew more than 20.8 million people to cinemas, a 10 percent jump from a year ago, while the number of screenings rose 2 percent to nearly 2.4 million.

Bolstered by the "2026 China Film Consumption Year" and "China Travel with Chinese Films" initiatives, cinema spending has become a major driver of cultural and tourism consumption. The entire film industry chain has generated over 220 billion yuan in output value since January.

China's 2026 box office surpasses 14 bln yuan

China's 2026 box office surpasses 14 bln yuan

Israeli Prime Minister Benjamin Netanyahu said Sunday that Israel will "soon" take control of 70 percent of the Gaza Strip, despite the terms of an ongoing fragile ceasefire.

"We currently hold more than 60 percent of the enclave; soon we will reach 70 percent," Netanyahu said during his weekly cabinet meeting. He said Israel was still fighting Hamas and "eliminating" the group's senior commanders.

In Lebanon, Netanyahu said Israel was "eliminating villages of terror" near the Israeli border. He said Israeli forces had killed about 350 people in Lebanon over the past week, claiming they were all militants.

A ceasefire agreement that took effect in October 2025 allows Israel to keep forces behind the so-called "yellow line" demarcation, which includes about half of the war-devastated enclave.

Israel has continued to carry out daily attacks across Gaza. Earlier on Saturday, Gaza-based health authorities said that 951 Palestinians have been killed by Israeli fire since the ceasefire took effect.

Netanyahu says Israel to "soon" control 70 pct of Gaza

Netanyahu says Israel to "soon" control 70 pct of Gaza

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