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China's annual box office hits 20-bln-yuan milestone
  ·  2023-05-09  ·   Source: Web Exclusive

Buoyed by robust holiday ticket sales, China's 2023 box office hit the 20 billion yuan ($2.89 billion) milestone on May 7, earlier than last year, according to film data platforms Maoyan and Beacon.

This came after China recorded the third highest-grossing May Day holiday when around 1.52 billion yuan was generated over five days through May 3, mostly by the comedy "Godspeed" and action film "Born to Fly," a dramatic depiction of China's elite pilots testing new fighter jets.

Back in January, the Spring Festival holiday -- usually one of the most lucrative moviegoing periods in China -- was the second highest-grossing to date. It raked in a whopping 6.77 billion yuan as crowds flooded theaters following China's adjustment of its response to COVID and lifting of many pandemic restrictions.


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