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China’s Lunar New Year box office revenues soar by a third to record US$1.21 billion as cinemas fill up amid travel restrictions

  • Strict measures to avoid a return of Covid-19 meant more people stayed put during the festival season instead of returning to their hometowns for family reunions
  • Ticket sales were dominated by the comedies Hi, Mom and Detective Chinatown 3, which became the fifth and sixth top-grossing movies of all time in the Chinese film market

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People queue to enter a cinema in Beijing on February 17, 2021. Photo: Xinhua
Cheryl Heng
China’s box office revenues climbed to a record high during the week-long Lunar New Year holiday, signalling a promising recovery of the world’s largest film market from the coronavirus fallout last year.

Holiday movie ticket sales in China reached 7.8 billion yuan (US$1.21 billion) during the week of February 11 to 17, up 32.5 per cent from the 2019 Lunar New Year holiday, according to Chinese ticketing platform Maoyan Entertainment.

Ticketing revenue for 2020 was omitted as cinemas were shut between January and July amid the coronavirus crisis.

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The resurgence at the box office may have been powered by stricter travel measures put in place to limit the annual Lunar New Year mass migration, in a bid to prevent a return of Covid-19. People stayed put during the festival season instead of returning to their hometowns for family reunions.

Some 44 per cent of those surveyed by the Maoyan Research Institute said they watched more movies during this year’s festive season than they did in 2019, citing more leisure time as their main reason.

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