China's film market plots robust recovery in 2023
China News
January 11, 2024
China's film industry staged an impressive comeback in 2023, witnessing a substantial 83 percent year-on-year surge in annual box office sales, reaching a substantial $7.7 billion. Statistics from the China Film Administration reveal that domestic productions dominated the market, constituting approximately 84% of the national total and securing all top ten chart rankings. The month of December alone saw a record-breaking 68 new releases gracing the big screen worth $550 million.