On Sunday, Nezha 2 surpassed 8 billion yuan in box office revenue, a world record for a film in a single market. It is also the first non-Hollywood film with over US$1 billion in box office receipts.

Box office takings for Nezha 2 are touted to be the closest to international industry standards ever achieved. On Thursday, the film officially became China’s highest-grossing movie, reaching 5. ...