2017 Chinese New Year Box Office: Domestic Films Rule

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2017 Chinese New Year Box Office: Domestic Films Rule

Domestic Films Dominate

During China’s recent Chinese New Year holiday, domestic films reigned supreme at the box office. This dominance was due in part to a temporary ban on imported films, allowing domestic films to capitalize on the increased movie-going traffic.

  • Topping the charts was “Kung Fu Yoga,” a Jackie Chan action caper that garnered $140.4 million in ticket sales during the first week.
  • With a 10-day total of $179.5 million, “Kung Fu Yoga” became Jackie Chan’s highest-grossing film in the Chinese market.
  • Despite a slow start, “Kung Fu Yoga” gained momentum thanks to strong word-of-mouth.

Other Notable Performers

  1. “Journey to the West: The Demons Strike Back,” a sequel to Stephen Chow’s 2013 hit, secured the second spot with $120.6 million in ticket sales.
  2. “Duckweed,” directed by Han Han, placed third with $92 million in total earnings after the first 10 days.
  3. The Sino-India co-production “Buddies in India” took fourth place with $97.8 million, while the animated film “Boonie Bears: Entangled Worlds” rounded out the top five.

International Films Granted Quotas

In a departure from previous years, China’s film regulators granted India two additional titles under its annual 34-movie import quota. This decision was influenced by the strong box office performance of “Buddies in India” and “Kung Fu Yoga.”

Box Office Growth

China’s box office receipts during the New Year holiday totaled $486.2 million, representing a 9% increase from the same period last year. However, this growth is attributed to changes in the national box office reporting system, which now includes online booking fees in gross earnings.

Excluding these fees, the actual box office growth is only 1%, according to the state-run newspaper 21st Century Business Herald.


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