Hong Kong Update Sept 2003 Issue
 Home >>CEPA to open Mainland Film Market

  Senior Government Appointments
  Arts & Cultural Project Announced
  CEPA Annexes Signed
  HKSAR Celebrates 6th Anniversary
  SCIT on Closer HK-PRD Relations
  New FS Outlines Plans
  HK - The Freest Economy
  New HKETO Director Arrives
  Human Stories on SARS
  CE Announces Tourism Strategy 
  Battle Plan for SARS Announced
  Article 23 Withdrawn

 

CEPA to open Mainland Film Market

CEPA provides opportunities for overseas film companies to leverage their collaboration with their Hong Kong counterparts to venture into the vast Mainland market. Hong Kong’s Secretary for Commerce, Industry and Technology, Mr John Tsang, painted a rosy picture for the Hong Kong film industry upon the implementation on January 1 of the Closer Economic Partnership Arrangement (CEPA) between Mainland and Hong Kong.

“CEPA will not only facilitate Hong Kong film industry’s entry into the Mainland, it will also provide opportunities for overseas companies to collaborate with their counterparts in Hong Kong to explore the vast Mainland market," Mr Tsang said.

Speaking at the opening ceremony of the 7th Hong Kong International Film and TV Market (FILMART) on September 24, Secretary Tsang said: “The Hong Kong Government is committed to promoting the development of our film industry, and the holding of the annual FILMART is an important element in this overall strategy.

“Through this event, we are able to bring together overseas and Mainland delegates with the local film industry to explore collaboration and business opportunities."

Mr Tsang expressed his hope that the implementation of the Closer Economic Partnership Arrangement (CEPA) would see more overseas companies collaborating with their Hong Kong counterparts, not only to produce more high-quality artistic creations, but to venture into a huge market of film lovers in China.

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