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China’s box office jumps 27 percent to $3.6 billion for 2013 thanks to domestic hits

By Daniel S Levine,

China, the second-largest film market in the world, saw its total box office jump 27 percent in 2013. That was mostly thanks to successful domestic productions, as only three Hollywood films made the Top 10.

Total revenue for films in China reached $3.57 billion (21.6 billion yuan) in 2013, jumping from 2012’s $2.8 billion (17 billion yuan) total, according to Chinese site MTime, reports The Hollywood Reporter. While it’s great to see such a sizeable jump, it is a bit below some predictions, as analysts hoped to see the total climb to $3.64 billion (22 billion yuan).

Hollywood will also have a mixed reaction to the numbers. It shows that Chinese audiences are still going to movies and that the Chinese market shows no signs of slowing. However, only three Hollywood films were in the Top 10.

One of those three, Iron Man 3, had a special Chinese cut with more local actors and extra scenes than the international version. The Marvel film grossed $124 million, putting it in second place, notes The LA Times.

Pacific Rim made more money in China than in North America, grossing $114 million. Gravity grossed $73 million.

The top-grossing movie in China was Journey to the West: Conquering the Demons, a domestic production directed by Stephen Chow. It grossed $207 million.

Analyst firm Artisan Gateway’s data showed that domestic films made up 59 percent of China’s box office gross in 2013, up from 2012’s 52 percent. That’s likely thanks to the Chinese government pushing for less foreign films, putting a limit on the total number of Hollywood movies that can be shown there.

You can check out the list of top-grossing films in North America here.

image: Warner Bros.

 
 

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