Chinese Box Office Hits Record High as Women Flock to Domestic Films

China's movie box office revenue hit a record high from June to September, mainly thanks to young women flocking to see domestic films.

The box office boom provides a bright spot amid China's economic gloom, as movies offer escapism at a relatively low cost.

Top-grossing movies were all Chinese films like crime thriller "No More Bets" and fantasy epic "Creation of the Gods."

Women accounted for 61% of viewers of the top 5 films, reflecting their growing spending power.

Hollywood's share of China's box office fell to 14% this year, its lowest in over a decade, underscoring the need to cater more to female audiences.