- CNTV English - CCTV News

SH Film Fest: A window for trade

06-22-2010 09:01 BJT

Watch Video

Play Video

The just concluded Shanghai Film Festival was a summit to promote new productions and reward the excellent ones. Also, the event offered a platform to buy and sell movies in the Film Trade Market session.

China has become a favorable potential market to filmmakers, producers, and merchandisers worldwide. When actively carrying out cooperation, they're also trying to get a foothold in the rapidly growing market.

Participants of the Film Trade Market are companies of animation design, filming, packaging and marketing, including South Korea's 12 top ranking film companies. Since 2005, South Korea's domestic film market has shrunk, exporting only five movies to China every year.

According to the South Korean Film Commission, they highly anticipate more disposable income among the Chinese people and hope China will be more open to South Korean films.

China's neighboring country Japan, as well as European enterprises, have the same hope.

In total, more than a hundred enterprises from some 20 countries and regions participated in the fair: half of them were foreign companies. And during the market session, over 300 films were sold.

Since 2002, a reform has been taken place in China's film publishing system, and the yearly box office gross keeps growing. The potential of the market is still huge, and that's why so many overseas counterparts are getting involved in the business.

Editor:Liu Fang |Source:

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program