China’s film market enjoyed a record-breaking Lunar New Year, amassing $1.31 billion in total box office revenue over the seven-day holiday period.

The film tech company rode the China Lunar New Year ticket sales hitting its own record high of $1.3 billion on the strength of local releases like 'Ne Zha 2.'

China's box office raked in record takings over the Lunar New Year holiday while domestic spending jumped, data showed on Wednesday, marking a bright showing for Chinese policymakers as they work to spur domestic demand.

China posted a record $1.3 billion in box office receipts over the week-long Lunar New Year holiday, suggesting efforts to boost consumer spending are working.

Chinese New Year box office is off to a big start in the home market with records for first-day grosses overall and for Imax

China's film market achieved a record high of 9.5 billion yuan ($1.3 billion) in takings over the Lunar New Year period, 18.8% higher than the same period last year, as movie-goers flocked to cinemas to watch movies such as "Nezha 2".

Chinese animated film Ne Zha 2 has overtaken the box office earning of The Battle at Lake Changjin at 5.775 billion yuan ($792.86 million) to top China’s box office chart on Thursday. The animated fantasy adventure sequel has taken movie viewers by storm since Spring Festival,

Ne Zha 2” has ascended to the pinnacle of the Chinese box office, becoming the highest-grossing film in the country’s history. The animated feature has amassed over RMB6.6 billion yuan ($905 million),

China's movie box office took in record revenue during the Lunar New Year holiday, as sequels to popular Chinese hits drew theatregoers at a time when other types of spending have suffered during a period of relatively sluggish economic growth.