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JPost.com - All News | The Jerusalem Post

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Top Chinese official meets with Disney CEO amid strained ...
2026-01-09 · via JPost.com - All News | The Jerusalem Post

Vice Premier Ding Xuexiang encouraged Iger to invest further in China, a notable shift from Beijing's threat last April that it would further restrict imports of Hollywood films.

BOB IGER, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort's Zootopia-themed area at Shanghai Disney Resort on December 19, 2023 in Shanghai, China.
BOB IGER, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort's Zootopia-themed area at Shanghai Disney Resort on December 19, 2023 in Shanghai, China.
(photo credit: Hu Chengwei/Getty Images)
ByREUTERS

One of China's top officials met with Disney CEO Bob Iger in Beijing on Friday, state media reported, as the "House of Mouse" seeks to strengthen its foothold in the world's second-largest economy amid fraught US-China tensions.

Vice Premier Ding Xuexiang encouraged Iger to invest further in China, a notable shift from Beijing's threat last April that it would further restrict imports of Hollywood films in response to US tariffs.

China's $19 trillion economy presents a complicated business proposition for US film studios: the country's young, affluent urban middle class offers a lucrative audience for theme parks, but Beijing tightly controls the number of foreign films allowed into the country each year - potentially constraining interest in the franchises that drive the punters to the parks.

Iger built out Disney's media empire through high-profile acquisitions of Pixar, Marvel and the Star Wars franchise, and oversaw the opening of Shanghai Disneyland.

A VISITOR wearing a hat and a pair of gloves with LinaBell design poses for pictures at Shanghai Disneyland, in Shanghai, China December 23, 2024.
A VISITOR wearing a hat and a pair of gloves with LinaBell design poses for pictures at Shanghai Disneyland, in Shanghai, China December 23, 2024. (credit: REUTERS/TINGSHU WANG/FILE PHOTO)

Hollywood imports to Beijing capped at 10 films per year

For three decades, Beijing has capped Hollywood imports at just 10 films a year, and it has made significant headway in steering Chinese audiences toward domestically produced movies in the world's second-largest film market.

Chinese moviegoers propelled Ne Zha 2 past Pixar's Inside Out 2 to make it the highest‑grossing animated film of all time last year.

Hollywood films account for only 5% of overall box office receipts in China's markets, analysts estimate.

Still, Disney and Universal Studios have both opened theme parks in Shanghai and Beijing, respectively, with Iger's visit likely to again fuel speculation that the entertainment giant has plans to open a second amusement park in the country.

"Disney is full of confidence in China's development and will continue to expand investment in China," Iger was quoted as saying.