China’s Box Office Catapults 27% in 2013 to $3.6 Billion

China, the world’s second largest movie market, enjoyed box office revenue in 2013 that rose $760 million from the previous year. For a total increase of 27% over the last year year, China’s box office has reportedly hit $3.57 billion as determined by preliminary data. Although the revenue is certainly a robust figure, it falls just shy of the projected goal of $3.64 billion for the year. Hollywood should, however, take note that U.S. films did not perform as well as in previous years. The surge in the Chinese box office numbers is due in large part to the strength of local films. The number one film in China last year, raking in $205.9 million, was ‘Journey to the West: Conquering the Dreams’ followed by ‘Iron Man 3’. The official tally for China’s 2013 box office revenue is expected to be updated by the end of January.

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