Journey to the West: Conquering the Demons
Box office revenues in China reached 21.6 billion yuan ($3.57 billion) in 2013—an increase of 27 percent from the previous year’s 17 billion yuan ($2.8 billion), according to Chinese film review site Mtime. The report also showed that local films dominated China’s box office in 2013, with only three foreign films ranking in the top 10 highest-grossing movies of the year (a significant decrease from last year).
The data is expected to be updated with official figures tallied by the state-owned publication China Film News, but the numbers are very much in line with what’s already in circulation, which show that China’s box office total breached the $3 billion barrier in late November, hitting $3.17 billion by the end of that month.
Steven Chow’s Journey to the West: Conquering the Demons was China’s biggest movie in 2013, according to figures, raking in over one-billion yuan ($160 million) in just 16 days.
The rest of the list goes as follows:
2. Marvel’s Ironman 3 (pulling in 750 million yuan)
3. Vicki Zhao’s So Young (710 million yuan)
4. Pacific Rim (694 million yuan)
5. Tsui Hark‘s Detective Dee: Rise of the Sea Dragon (600 million yuan)
7. Peter Chan’s American Dreams in China (530 million yuan)
8. Xue Xiaolu’s romantic comedy Finding Mr. Right (510 million yuan)
9. Guo Jingming’s Tiny Times (480 million Yuan)
10. Alfonso Cuarón’s Gravity (440 million yuan)
Hollywood Reporter notes that Chinese small production films like Tiny Times, So Young and Finding Mr. Right faired much better than expected in last year’s box office.
In 2012, China’s box office grew by 30 percent, making it the second largest box office territory in the world. For the first time ever, US and other foreign films made up more than half of the China market, and in February 2012, China announced a new policy under which 14 additional foreign 3D or IMAX films could be imported to the country each year.
As 2014 marks the 35th anniversary of diplomatic ties between the US and China, CCTV reflects on the blossoming partnership between China and Hollywood in the past year: