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.

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.

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.'

The Chinese box office experienced a massive boost over the Lunar New Year holiday, with five major releases propelling earnings to $1.2 billion.

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