The Chinese cinema industry rose from the ashes after the decline in 2024. Accordingly, it grossed over $ 978 million at the box office in the first five days of the new year.The new action film Ne Zha 2 has also surpassed its rivals in Hollywood.
Chinese Ne Zha 2 is already at the top
The huge figures in China represent a 27 per cent increase over the same period last year and signal a recovery for the world’s second largest film market. Leading this rise was Enlight Pictures’ sequel Ne Zha 2.
The film, which has already grossed $434 million, is set to dethrone China’s biggest box office success ever, The Battle at Lake Changjin. Directed by Yu Yang, Ne Zha 2 is expected to generate a total revenue of $ 944 million.
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The first Ne Zha film was released in 2019 and became China’s largest animated production with a gross of $ 699 million. Other prominent productions during the holiday period include the comedy-mystery Detective Chinatown 1900 ($ 253.1 million), the fantasy film Creation of the Gods ($ 124.3 million) and the family film Boonie Bears: Future Reborn ($57.9 million).
In 2024, annual ticket revenues fell 25 percent to $5.8 billion, raising concerns about the future of movie theatres. IMAX has its share of this success. The company, which sold $ 38.1 million in the first five days, has already surpassed its record of $ 34 million set in 2023.
