China will continue to offer more dividends of its market, innovation and development to other countries, Chinese Foreign Ministry spokesman Lin Jian said on Thursday.
Lin made the remarks during a press conference in Beijing when he was asked to comment on recent articles by some U.S. economists on China.
The economists have refuted the so-called "China shock" and "China squeeze" narratives in their articles. They believe that China's trade policy is not "beggar-thy-neighbor" but rather "enriches-thy-neighbor"; beyond finished goods, China is also a major exporter of production machinery, components and intermediate goods, helping reduce the cost of industrialization for many countries. They also affirm that asking China to voluntarily give way to other countries at the expense of its domestic industry is an off-base economic narrative.
"Facts have proven that China brings the world not 'shocks' but opportunities; it does not 'squeeze' but enables growth. The affordable quality products made in China has lowered the threshold of industrialization for developing countries. China's open-source and universally beneficial innovation has enabled more countries to access affordable cutting-edge technologies. China's stable and reliable supply has strengthened the resilience of the global industrial and supply chains, and supported Global South countries' pursuit of modernization at a faster pace," Lin said.
"In the face of growing uncertainties and instabilities in the world economy, China will continue to offer more dividends of its market, innovation and development to other countries through high-quality development," he said.
China to offer more dividends of its market, innovation, development to world: spokesman
China is continuing to experience a box office boom this year, driven by a nationwide campaign to spur consumption with cheaper cinema tickets while a series of big summer releases are also enticing film fans out to theaters up and down the country.
Seen as one of the most lucrative periods of the year, China's summer box office season, which officially runs from June 1 to August 31, has now generated more than 10.7 billion yuan in box office revenue as of midday Thursday.
This has helped propel China's total box office revenue for 2026 above 26.5 billion yuan (over 3.9 billion U.S. dollars) as of Thursday afternoon, with more than 670 million moviegoers and over 96 million screenings recorded, according to the latest data from a leading Chinese ticketing platform.
The diverse line-up of summer blockbusters covers a broad range of genres, including comedy, animation, sci-fi, war, and suspense and action, offering audiences more choices and helping attract viewers from different age groups and with different interests.
Among the best performers is the anti-war film "Once Upon a Time in the Middle East," which tells the story of a chef working at a Chinese restaurant in the Middle East when war breaks out in the 2000s. It has drawn positive feedback both for its perspective on war and the vivid portrayal of life in the Middle East.
In just 10 days since its release on Aug. 11, the film has raked in over 1.2 billion yuan, catapulting it up the box office charts as it closes in on the year's biggest grossing films.
Ticketing data shows that the current top four on China's annual box office chart are the auto-racing sequel "Pegasus 3", Hong Kong director Stephen Chow's sports comedy "Kung Fu Soccer" about a team of female footballers, the touching family drama "Dear You", and animated film "All Wishes Come True!"
China launched a nationwide campaign this year to boost the cinema sector, with at least 1.2 billion yuan in subsidies planned throughout 2026 to make movie-going more affordable. Data shows the average ticket price for domestic-made movies has dropped to 39.5 yuan (less than 6 U.S. dollars) this year, some 20 percent lower in 2025.
China's summer film season continues as consumption campaign entices moviegoers
