The Not So Amazing Panda Adventure (1995).
I usually do enjoy these sort of cheesy animal and human buddy flicks of the 90's and 80's but this was mediocre at best.
The kid is a bit annoying and at least 35-40% of the shots of a panda is not a panda but superobvious that it's a fuzzy animatronics robot instead. Which is understandable, it's hard to make a Panda act I imagine but it does take away quite a bit from the film.
Kids probably won't notice as much though so if you got kids and want to get them out of your hair for 90 minutes I'm sure putting this on can do the trick still.