In a dazzling display of market muscle, China’s movie industry has claimed the global crown. By 8:30 PM on February 21, 2026, annual box office revenues—including advance tickets—crossed the 7 billion yuan mark. That’s more than North America’s haul, marking China as the planet’s top-grossing film market.
Spring Festival screenings have fueled this fire, generating over 4.4 billion yuan in just days. The top earners? Pegasus 3 dominates with its adrenaline-fueled saga, followed by the suspenseful Awakening of Insects in Silence, the heroic Blades of Guardians, and the whimsical Boonie Bears: He Hidden Protectors.
This isn’t mere holiday hype. Cumulative 2026 figures top 97 crore USD, a figure that leaves rivals in the dust. Data from major platforms underscores a booming ecosystem where domestic productions resonate deeply with viewers.
What drives this ascent? Savvy marketing, star-studded casts, and genres tailored to Chinese tastes have created unstoppable momentum. As international markets grapple with slumps, China’s vibrancy signals a seismic shift. Expect this trend to accelerate, with analysts predicting record-shattering years to come.