Hong Kong Update
 Hong Kong Economic and Trade Office - Canada  

Summer 2009 Issue_

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Spotlight on Chinese-Language Films
About 200 investors, distributors, producers and filmmakers from Asia's major Chinese-language film markets - the Mainland, Hong Kong, Taiwan, Singapore and Malaysia - gathered in Hong Kong recently for the first Hong Kong Film New Action - Business Forums and Promotional Sessions.

Their purpose in meeting was to discuss co-production possibilities and developing business by integrating their markets, talents and financing.

At the opening ceremony, Hong Kong's Secretary for Commerce and Economic Development, Mrs Rita Lau, said: "The Hong Kong SAR Government is actively promoting the creative industries and the film sector is an important pillar. We fully support the development of our film industry and attach great importance to nurturing young talent."

Mrs Lau pointed out that the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) in 2003 has broadened the horizon for film development. "Our filmmakers have since acquired rich experience in collaborating with the Mainland on joint productions. Film practitioners from all over the world are most welcome to capitalize on the experience of Hong Kong and the benefits of CEPA in opening up the film market of the Mainland," Mrs. Lau said.

The event was organized by the Hong Kong Film Development Council (HKFDC), which set up promotional booths for more than 30 of Hong Kong's new generation of film directors to help them foster financing partnerships with people from different markets.

Chairman of the HKFDC, Mr Jack So, said that Chinese-language films are well worth developing, pointing out that, "box-office records for these films are on the increase and the number of screens is increasing by 1.5 per day."


© 2009 Hong Kong Economic and Trade Office (Canada). All rights reserved.