China Box Office Sets Revenue Record as Sequels Help Overcome Economic Malaise

 A woman in traditional dress walks with the crowd at the Temple of Heaven complex during a week-long Chinese New Year holiday in Beijing on Sunday, Feb. 2, 2025. (AP)
A woman in traditional dress walks with the crowd at the Temple of Heaven complex during a week-long Chinese New Year holiday in Beijing on Sunday, Feb. 2, 2025. (AP)
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China Box Office Sets Revenue Record as Sequels Help Overcome Economic Malaise

 A woman in traditional dress walks with the crowd at the Temple of Heaven complex during a week-long Chinese New Year holiday in Beijing on Sunday, Feb. 2, 2025. (AP)
A woman in traditional dress walks with the crowd at the Temple of Heaven complex during a week-long Chinese New Year holiday in Beijing on Sunday, Feb. 2, 2025. (AP)

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.

Box office revenue for the four days of the week-long holiday starting Jan. 29 topped 5.74 billion yuan ($791.65 million), exceeding the previous high of 5.73 billion yuan in 2021, showed data from box office tracker Beacon.

Part of the boom was driven by government handouts as part of an economic stimulus package.

Local governments in Beijing, Jiangsu, Hubei, Guangdong and elsewhere issued cinema vouchers as part of a campaign to keep the economy on track for flat growth of 5% in the year ahead.

Packed theaters in small towns, where tickets are often more expensive, reported sell-out screenings. One theater in Hunan began selling standing-room tickets in response to demand, a local publication reported.

The sequel to the 2019 fantasy "Nezha" led the pack with over 2.3 billion yuan in ticket sales over the four days. The animated movie depicts a divine child warrior from Chinese mythology who protects the innocent.

"Detective Chinatown 1900", the fourth instalment in a comedy-mystery series, held second spot with 1.54 billion yuan.

China extended the annual holiday by one day this year to eight days in a bid to boost consumption at a time when consumers have been pulling back in the face of insecurity over jobs and income and the drag of a prolonged housing downturn.

Some younger Chinese have shunned officials' calls to spend by doubling down on saving and swapping tips on how to spend less and save more.

The jump in movie ticket sales over the holiday highlights how the government has been getting consumers to spend through subsidies.

A trade-in program targeting older cars boosted auto and electric vehicle sales last year and lifted overall consumption growth by more than 1 percentage point in 2024, official data showed.



Doechii Named 2025 Woman of the Year by Billboard

US singer Doechii arrives for the "Le Grand Diner du Louvre" at the Louvre Museum in Paris, France, 04 March 2025. (EPA)
US singer Doechii arrives for the "Le Grand Diner du Louvre" at the Louvre Museum in Paris, France, 04 March 2025. (EPA)
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Doechii Named 2025 Woman of the Year by Billboard

US singer Doechii arrives for the "Le Grand Diner du Louvre" at the Louvre Museum in Paris, France, 04 March 2025. (EPA)
US singer Doechii arrives for the "Le Grand Diner du Louvre" at the Louvre Museum in Paris, France, 04 March 2025. (EPA)

The rising rapper Doechii has earned the title of Billboard’s 2025 Woman of the Year, landing her in the same company as Taylor Swift, SZA, Lady Gaga and as last year's honoree, Karol G.

The news arrives just one month after Doechii won the Grammy for best rap album, only the third woman to win in that category.

When it came time to give her award speech, the tears were immediate. "This category was introduced in 1989. Two women have won, Lauryn Hill —" she said, correcting herself. "Three women have won. Lauryn Hill, Cardi B and Doechii."

Now she will be honored as Woman of the Year at the Billboard Women in Music Awards on March 29. Previous honorees include Madonna, Cardi B, Billie Eilish, Selena Gomez and Ariana Grande.

In 2024, The Associated Press named Doechii's breakout mixtape, "Alligator Bites Never Heal," one of the best albums of the year — a versatile album that teeters from the romance of her smooth R&B and the acuity of her flows.

"Doechii is taking pop culture by storm, this year becoming the third woman in history to win a Grammy best rap album, and dazzling fans of every musical genre with her breathtaking performances, ultra-candid lyrics and utterly unique sound, style and spirit," said Hannah Karp, Editor-in-Chief of Billboard in a statement. "We are thrilled to celebrate Doechii and cheer on her continued success."

Other award recipients at the Billboard Women in Music Awards include aespa, Ángela Aguilar, Erykah Badu, GloRilla, Gracie Abrams, Blackpink's Jennie, Megan Moroney, Meghan Trainor, Muni Long and Tyla.

The awards show will be held at the YouTube Theater at Hollywood Park in Los Angeles, hosted by Laverne Cox. Billboard Women in Music will air live on March 29 at 7 p.m. Pacific on VIZIO WatchFree+.