Last year, the total output value of the entire film industry chain in mainland China exceeded 810 billion RMB, ranking among the top in the world

The National Film Administration released information today (21st), stating that according to incomplete statistics, the total output value of China's film industry chain reached 817.259 billion yuan last year, with a box office pull coefficient of approximately 1:15.77, ranking among the top in the world.

It is reported that the statistical calculation is divided into three parts. Among them, the output value of the core film industry (including production, distribution, and screening) is 226.618 billion yuan; the indirect output value (including the output value of film equipment procurement, technical services, advertising promotion, leasing business, logistics transportation, and other upstream and downstream links) is 251.546 billion yuan; the induced and spillover output value (including the output value driven by movie viewing in dining, transportation, retail, film IP derivatives, film bases, filming locations, theme park tourism, and film festival economy) is 339.095 billion yuan.

Relevant experts stated that the potential of film to empower China's economic and social development is being rapidly released, and the film economy has become a powerful engine for boosting the upgrade of China's service consumption and promoting Chinese culture to go global