In a year filled with challenges for the film industry, China once again underscored its crucial role by contributing over 20 percent of global box office in 2024, enhancing its status as the second-largest international movie market.
The year had an upbeat start, with the Spring Festival holiday reaping 8 billion yuan ($1.1 billion) in takings, topping previous periods and accounting for nearly one-fifth of ticket revenue for 2024, according to statistics from the China Film Administration, the country's top sector regulator, and major data tracers Beacon and Maoyan Pro.