‘Ne Zha’ Becomes China’s Highest-Grossing Animated Film of All Time
On August 2, animated film Ne Zha became the highest-grossing animated film of all time in China only after eight days in release. Previously, the top spot was held by Zootopia, which made RMB 1.531 billion. Industry insiders predict that the total box office of the film may reach RMB 4 billion, as the film will have at least another month of theatrical run. Read more on Mtime
Chinese Gaming Sector Saw Growth in First Half of 2019
The Chinese gaming sector is resuming its growth momentum after the regulators started issuing license again at the end of last year. On July 30, a report by Joy News on the performance of Chinese gaming sector in the first half of 2019 was released. According to the report, the sales income of Chinese gaming companies during the reporting period was RMB 116.31 billion, a 10/8% increase year-on-year. Revenues of mobile games jumped by 18.8% year-over-year to exceed RMB 70 billion. Read more on Ent Group
