On Monday night, the total gross of China's film market has exceeded the 20 billion yuan, or US$3.22 billion mark, reported China Movie Channel website 1905.com.

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Another fact which made the feat all the more surprising was that it had been accomplished in only 180 days, 66 days earlier that last year's mark.

Domestic films in China earned a total of 9.3 billion yuan, or US$1.49 billion. That is 46.5 percent of the entire gross if both domestic and foreign films released in the mainland were computed.

39 of all films released in 2015 earned more than 100 million yuan, or US$16.11 million. The earnings is a Chinese benchmark that judges whether a film is successful or not. 20 domestic films in China went above 100 million yuan mark while 19 foreign films went above it.

In 2013, it took 342 days for China's film market to reach the 20 billion yuan mark, while in 2014, it took China's film market 246 days to accomplish such mark.

This year, the pace is way above average. Because of this trend, experts predicted that this year, the total gross of all films released in China will exceed 40 billion yuan, or US$6.44 billion, which could set a new record in the history of the country, according to China.org.

The four main geographical areas where China's film market is divided into are Mainland China, Macau, Hong Kong, and Taiwan. Each region collaborates with one another, but each one also uses a different source for financing, on mechanisms and government funds, according to China Hollywood Society.

During the Spring Festival season this year, "The Man From Macao II," "Dragon Blade," and "Wolf Totem" made 973 million yuan (US$156.75 million), 743 million (US$119.69 million), and 696 million (US$112.12 million) respectively. This has made the three films the highest grossing Chinese domestic films in 2015.

Three Hollywood films have made it into the top 3 spots in the overall chart in 2015.

In February, the revenue for China's film market have previously hit the all-time high with US$650 million in total, beating China and the U.S.' monthly record, reported The Guardian.

As July enters, China's domestic films are expected to make new box office records since the next two months will be filled with Chinese summer blockbusters.

TagsChina Film Market, china film industry, Film Industry, Entertainment