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

China's film market achieved a record high of 9.5 billion yuan ($1.3 billion) in takings over the Lunar New Year period, 18.8% higher than the same period last year, as movie-goers flocked to cinemas to watch movies such as "Nezha 2".