The report shows that the growth rate of China's film market leads the world
2024-09-29
The ongoing Guangzhou Film Industry Expo and Trade Fair released the "Report on the Impact Data of China's Film Industry" on the 29th. The report shows that in 2023, the global market share of China's total box office will account for 23%, ranking second in the world, and the growth rate will far exceed other markets in the world. The report points out that the market size of China's film industry continues to grow, box office revenue continues to climb, and the film industry is recovering. In 2023, the total box office reached 54.915 billion yuan (RMB, the same below), a year-on-year increase of 82.64%, returning to 85.45% of 2019. Especially, the consumer group in third - and fourth tier cities and rural areas is booming, with more than 40% of the audience watching movies, and the number of township cinemas further increasing. The report points out that domestic films dominate the market, accounting for 83.77% of the total box office revenue. In 2023, there will be four films with box office revenue exceeding 3 billion yuan, all of which are domestic films. The annual champion Man Jianghong has box office revenue of 4.545 billion yuan. The rise of Internet platform film investment and production force has enhanced film productivity. In 2023, 54% of the films with box office revenue of more than 10 million yuan will be invested by Internet companies. During the Guangzhou Film Industry Expo and Trade Fair, an international film reception event titled "Film to the World: Communication and Development of Chinese Language Films" was also held. The event focuses on analyzing the current situation and trends of Chinese film dissemination in overseas markets, exploring how to enhance the global competitiveness and influence of Chinese films through content innovation, market positioning, and international cooperation strategies. (New Society)
Edit:NiChengRan Responsible editor:Chenze
Source:China News Service Website
Special statement: if the pictures and texts reproduced or quoted on this site infringe your legitimate rights and interests, please contact this site, and this site will correct and delete them in time. For copyright issues and website cooperation, please contact through outlook new era email:lwxsd@liaowanghn.com