China's box office bounces back during Spring Festival holiday--China Economic Net

24 (Xinhua) -- On Sunday, Chinese Lunar New Year, a young moviegoer named Lian Cheng watched multiple films at three cinemas near his home in Shanghai.As of Tuesday, the fourth day of the week-long Lunar New Year holiday, China's box office revenue for the holiday exceeded 3 billion yuan (about 443 million U." "Compared with previous years, I think this Lunar New Year holiday has the best movie collection on offer," Guo said, adding that the genres are rich and diverse enough to appeal to movie-goers of every age group.7 percent of all cinemas, or 11,494, in operation as of Monday, according to the box office tracker Dengta Data.

Upbeat about the film market for the holiday period, Guangzhou-based Wanlian Securities predicted in its report published last Thursday, that the national box office for the period is expected to exceed 9 billion yuan.Once sluggish due to the COVID-19 epidemic, the film market is getting back on its feet following the country's downgrading of COVID-19 management.