Paramount and Skydance’s Mission: Impossible – Rogue Nation has rocketed past Interstellar as the highest-grossing 2D Hollywood film ever at the Chinese box office. The Tom Cruise starrer has earned $124M since it’s Middle Kingdom release on September 8; that tops the $122M Christopher Nolan’s space epic made there last year. It also marks a milestone for e-commerce giant Alibaba, whose Alibaba Pictures made its first Hollywood investment with the actioner.

The film previously had set a record as the biggest 2D opener in China with $18M. Directed by Christopher McQuarrie, the well-reviewed fifth installment in the series has grossed over $650M worldwide.

This has been a big year for Hollywood in China, where Universal’s Furious 7 ($380.9M) was the top-grossing film of all time until just this month, when it was unseated by local pic Monster Hunt ($385M). The record for M:I5 comes just before another local movie, Lost In Hong Kong, is due to bow on September 25 and likely set records of its own.

Around the globe, M:I5 has opened at No. 1 in the U.S., Korea, UK, Mexico, Australia, Spain, Russia, Argentina, France, Brazil and Italy, and achieved franchise-breaking numbers in Brazil, Mexico, Malaysia, Russia, Ukraine, Venezuela, India, Taiwan, Philippines, Thailand, Sweden, Turkey, Indonesia, Poland and Hong Kong.

terminator genisysM:I5‘s success in the Middle Kingdom is also boom for Skydance. Paramount and Skydance were the first Hollywood studios in China with two films following the “unofficial” summer blackout period that saw Chinese movies grab a bulk of real estate and admissions. While Terminator: Genisys did alright in China with $112.8M, sources have told Deadline that the film needed to clear $150M there before any quick movements were made on advancing with a sequel. HuaXia is handling distribution there. To date, worldwide, Genisys has made $440.16M and ranks as the second highest chapter in the franchise behind Terminator: Judgement Day ($519.8M).