Qingdao Movie Metropolis Establishes Film Industry Development Fund

07.07.2016

Wanda Group signed a cooperative agreement on July 6 with the Qingdao and Huangdao District Governments, with all parties investing RMB5 billion to establish a film and television development fund for Qingdao Movie Metropolis.

The agreement marks China’s first international practice of opening a film and television production subsidy.
 

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