China’s box office hits record high 44 billion yuan in 2015

By Li Jingjing Source:Global Times Published: 2016-1-3 19:03:01

China's total box office saw a 48.7 percent year-on-year increase in 2015, reaching 44.06 billion yuan ($6.8 billion), according to data announced by State Administration of Press, Publication, Radio, Film and Television.

This is the first time China's box office has surpassed the 40 billion yuan mark and the highest rate of growth since 2011, the start of the country's 12th Five-Year Plan.

Box office earned by domestic films accounted for a majority of revenue this year, 61.58 percent, or 27.1 billion yuan.

The number of screens in China has grown rapidly as well as 8,035 new screens were added this year, an average of 22 new screens a day, bringing the total number of screens in the country to 31,627. 

Meanwhile, 1.25 billion tickets were sold, an increase of 51.08 percent year-on-year.

Besides increased revenue, a number of domestic blockbusters took the domestic market by storm, beating out big name foreign films: Chinese films Monster Hunt and Mojin - The Lost Legend now number among the top 10 highest earning films of all time in the mainland.

Monster Hunt beat out Furious 7 with 2.4 billion yuan to become the highest earning film in the mainland market and the first domestic film to pull in more than 2 billion yuan.

Mojin, which released in December, ranks at No.5, beating Jurassic World with 1.44 billion yuan.

Posted in: Film

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