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China B.O. up 27% in 2013

China B.O. up 27% in 2013

By Kevin Ma

Mon, 06 January 2014, 23:45 PM (HKT)

Box Office News

The State Administration of Press, Publication, Radio, Film and Television (SAPPRFT) 國家新聞出版廣電總局 has released box office figures for 2013. Total box office revenue for the year is RMB21.8 billion (US$3.6 billion), a year-on-year increase of 27.5% from 2012's RMB17.1 billion (US$2.82 billion).

With a market share of 58.7% (up from 48.5% in 2012), domestic films grossed a total of RMB12.8 billion (US$2.11 billion), a year-on-year increase of 54.3%. Seven of the top ten grossing films of the year were domestic films, with 33 films passing the RMB100 million (US$16.5 million) mark.

Stephen CHOW 周星馳's Journey to the West: Conquering the Demons 西游 降魔篇 (2013) remained the top grossing film of the year with RMB1.25 billion (US$206 million). Young Detective Dee: Rise of the Sea Dragon 狄仁杰之神都龍王 (2013) was the highest grossing film in the second half of the year with RMB600 million (US$99.1 million).

Still on release, FENG Xiaogang 馮小剛's Personal Tailor 私人訂製 (2013), which opened on 19 Dec 2013, has now made more than RMB650 million (US$107 million) at the China box office. Jackie CHAN 成龍's Police Story 2013 警察故事2013 (2013), also still in cinemas, has now overtaken the box office of Gravity (2013), edging it out of the top ten.

A total of 638 domestic films were produced in 2013, a decrease of 107 films from 2012. It was not reported how many of those films received a theatrical release. 45 domestic films were exported overseas – down from 75 films in 2012 – though total overseas revenue from those films was RMB1.41 billion (US$233 million), an increase from RMB1.06 billion (US$175 million) in 2012.

Total revenue for foreign films was RMB9 billion (US$1.49 billion), a year-on-year increase of 2.3%. However, market share of foreign films decreased from 51.4% in 2012 to just 41.3% in 2013. 27 foreign films passed the RMB100 million mark, with Iron Man 3 (2013) leading with RMB750 million (US$124 million).

Despite the increase in total annual revenue, box office revenue for December – one of the most successful and competitive release slots of the year for domestic films – reportedly experienced a year-on-year decrease of 17%.

With 5,077 cinema screens added in 2013, China now has a total of 18,195 screens.

CHINA'S TOP 10 FILMS 2013 (to 31 Dec 2013)

(* = still on release)

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