Movie industry roars back with robust recovery
Record revenues in the wake of the Spring Festival holiday signal a turnaround for the sector. Xu Fan reports.
Matt William Knowles, an actor from the United States who has played in many Chinese movies and TV series, is increasingly busy, thanks to China’s revitalized film industry.
Opening with a record-breaking Spring Festival box-office bonanza in January, the domestic movie market is seeing a strong recovery after a slowdown that resulted from the COVID-19 outbreak.
As of March 1, the country’s total box-office receipts had reached 14 billion yuan ($2 billion), almost half last year’s 29.9 billion yuan, according to Beacon, a film information aggregator.