Film industry in China - Statistics & Facts

The Chinese film business is catching up with Hollywood. Generated over nine billion U.S. dollars in gross box office revenue in 2018, China has swollen to the second-largest film market in the world. The living standard is rising in the country, and there is a massive demand for entertainment. Between 2010 and 2018, the volume of movie ticket sales saw a five-fold hike. In terms of production, the country contributed more than 1,080 films, second after India in 2018.

A remarkable cinematic odyssey

Over the past decade, both movie theaters and cinema screens experienced exponential growth. Currently, there are over ten thousand movie theaters with an average of six cinema screens. Among 48 cinema chains, Dadi Digital, China Digifilm, China Film Southern, and Beijing Hongliyu operated the most theaters in 2018. However, Wanda Cinema Line ranked first in terms of box office revenue. Since 2016, the ticket sales volume in all cinema chains has exceeded 1.3 billion, and the number is growing steadily. In comparison to the U.S. movie market, the average ticket prices are much lower in China. It suffices to say that there is still plenty of room to grow in this dragon market.

Big challenge to hold appeal

Hollywood studios are eager to grab a slice of China's fast-growing box office market. However, the government only grants a small number of slots for distribution to foreign films. Imported films are facing serious competition with domestic productions, which accounted for 80 percent of the market share. In fact, local studios have enhanced their competitiveness, content quality and variety. Many latest releases have been well-received among Chinese moviegoers. In 2019, the two top domestic productions - animation film Ne Zha and sci-fi movie The Wandering Earth, grossed around five billion yuan each. Aiming to achieve international success, more funding has been invested in the Chinese film industry. With production costs over 100 million U.S. dollars, yet the two Chinese blockbusters in 2018, Monster Hunt 2 and Asura, struggled to find footing in the global marketplace.

Interesting statistics

In the following 4 chapters, you will quickly find the 23 most important statistics relating to "Film industry in China".

Film industry in China

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Important key figures

The most important key figures provide you with a compact summary of the topic of "Film industry in China" and take you straight to the corresponding statistics.

Cinemas

Film production

Box office revenue

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