Hollywood movies drive box office in China, with an increase of 16% in 2017

Although the growth rate was slow last year, according to foreign media reports, due to the strong performance of imported Hollywood films, China's box office will again achieve steady growth in 2017, with an increase rate expected to reach 16%.

"Speed and Furious 8" sold well in China

. Although the growth rate was slow last year, according to foreign media reports, due to the strong performance of imported Hollywood movies, China box office will again achieve steady growth in 2017, with an increase expected to reach 16%.

China's box office growth was slow last year. Although there were many reasons, the main factor was that the performance of China's local film market was too weak; coupled with the China government's severe crackdown on box office fraud, many films were unable to increase box office through "water injection"; in addition, due to the weakness of China's economy, subsidies for movie tickets on online ticketing platforms have been reduced, which has also reduced the audience's desire to watch movies to a certain extent.

However, thanks to the outstanding performance of several Hollywood blockbusters, China's box office performance in the first half of this year was quite good, after Universal's "Speed and Passion 8" earned $392 million at the box office in China, making it the highest-grossing Hollywood film in China film history; Warner and Legendary's "King Kong: Skull Island" also earned $168 million at the box office, which is on par with the film's performance in the United States.

The most surprising thing was Sony's "Resident Evil 6: The Finale". Although the film did not do well at the domestic box office, it grossed US$160 million in China.

In addition, Fox's superhero movie "Wolverine 3: The Battle to the Death" grossed US$106 million, Marvel Pictures '"Guardians of the Galaxy 2" grossed US$101 million, and Disney's live-action fairy tale movie "Beauty and the Beast" It was US$85.8 million.

Disney's other fantasy blockbuster,"Pirates of the Caribbean 5: No Answer", is still being released in some theaters in China, but the box office of the film has reached US$140 million.

Of course, some local films in China have also performed quite well. The action comedy "Kung Fu Yoga" starring Jackie Chan earned US$254 million, and Tsui Hark's "Journey to the West" also earned US$240 million. However, both films were released during the Spring Festival in China.

Jackie Chan's "Kung Fu Yoga"

Paramount's "Transformers 5: The Last Knight" will be released in China this Friday. In 2014,"Transformers 4: Rebirth of Extinction" grossed US$320 million in the box office in China. In addition, Hollywood films released in China in the second half of this year include "Spider-Man: Heroes Returns" co-produced by Sony and Marvel Pictures, and Universal's "Stolen Dad 3."

Editor: Mary