US-China Film Professionals Focus On Co-productions and Promote the Globalization of Chinese films

On April 18th and 19th, Hanhai Studio, together with Shenzhen Youth Innovation and Entrepreneurship Community, successfully hosted two big events at the 6th Beijing International Film Festival—a “Night of Beijing-Hollywood” Social Mixer and a Panel on US-China Film Co-production and the Globalization of Chinese Films.

On April 18th, over 100 executives from top Chinese and American entertainment companies gathered at Duke Gui’s Palace in Beijing for a “Creativity Without Boundaries” themed Social Mixer.  This event was supported by the Beijing Huairou District Government, Beijing International Film Festival Committee, Beijing State-owned Cultural Assets Management Office, and Xinhua Mobile TV.  Approximately ten potential film investments were presented to guests at the social mixer.

Executives from U.S. and Chinese companies utilized the platform Hanhai Studio provides to connect, communicate and collaborate with each other on mutual interests.   Lion King Director Rob Minkoff talked about the prospect of US-China Co-production: ”We can see that Hollywood and China are developing a co-operative relationship, and China’s determination is very strong.”  

(Left to right: COO of Hanhai Studio Kelly Zhang, Prince Albert von Thurn und Taxis, Director of Lion King Rob Minkoff)

(Left to right: COO of Hanhai Studio Kelly Zhang, Prince Albert von Thurn und Taxis, Director of Lion King Rob Minkoff)

The Chinese film industry has experienced enormous development in recent years.  Chinese companies have started to invest in Hollywood films and create US-China co-productions.  The “Night of Beijing-Hollywood” Social Mixer provided an excellent opportunity for US-China filmmakers and investors to engage in deep conversations.

On the morning of April 19th, Hanhai Studio co-hosted a US-China Film Co-production and Investment Panel at Beijing International Hotel.  Guests included Associate Counsel of SARFT and deputy secretary general of the Beijing International Film Festival Committee Jianguo Bian; award-wining American Director and Producer Rob Minkoff; and the former Chairman of the Hong Kong Film Awards Manfred Wong.  Panelists held deep discussions on successful US-China co-productions, the trendiest topics on film investment, cross-border collaboration, and the globalization of Chinese films.  In addition, hosts and guests launched the “Los Angeles Introduction Platform for the China (Huairou) Film and Television Production Demonstration Area,” accelerating the process of the globalization of Chinese films. 

In the panel, Chief Editor of CNC and President of Xinhua Mobile TV Peng Zhao said: ”The biggest export industry of the U.S. is its cultural creative industry.  The film industry is the priority.”  He concluded: ”Therefore, the communication of US-China films is more than an investment.  Our ultimate goal is to import a comprehensive industry development system through co-production.”

(Left to right:  Chief Editor of CNC and President of Xinhua Mobile TV Peng Zhao, COO of Hanhai Studio Kelly Zhang,  Partner of Greenberg & Traurig, LLP Tom Ara, President of Juyinghui Yuqing Zhu, Executive Vice President Of East West Bank Bennett Pozil, Director of Lion King Rob Minkoff and President of Film Finances China April Ye)

(Left to right:  Chief Editor of CNC and President of Xinhua Mobile TV Peng Zhao, COO of Hanhai Studio Kelly Zhang,  Partner of Greenberg & Traurig, LLP Tom Ara, President of Juyinghui Yuqing Zhu, Executive Vice President Of East West Bank Bennett Pozil, Director of Lion King Rob Minkoff and President of Film Finances China April Ye

Manfred Wong mentioned that the globalization of Chinese films requires universal culture and belief. The Chairman of the Chinese American Film Festival James Su shared that Chinese films have achieved a lot in recent years.  Many foreign friends have witnessed the progress that Chinese films have made in developing from humanistic feelings to industry co-operations. COO of Hanhai Studio Kelly Zhang introduced the first Hollywood-Chinese creative production and technology incubator in  the U.S Hanhai Studio and how it has been working on linking US-China creative production companies together.

(Left to right:   COO of Hanhai Studio Kelly Zhang, Executive Vice President Of East West Bank Bennett Pozil, President of Juyinghui Yuqing Zhu, Partner of Greenberg & Traurig, LLP Tom Ara, President of Film Finances China April Ye and Director of Lion King Rob Minkoff)

(Left to right:   COO of Hanhai Studio Kelly Zhang, Executive Vice President Of East West Bank Bennett Pozil, President of Juyinghui Yuqing Zhu, Partner of Greenberg & Traurig, LLP Tom Ara, President of Film Finances China April Ye and Director of Lion King Rob Minkoff

The Beijing International Film Festival (BJIFF), established in 2011, aims at internationalization, professionalization, high-end innovation, and marketization, and strives to build up a platform for promoting the Chinese film industry and enhance the Sino-overseas film exchange, transaction and cooperation. "It's about time China connects its creative production and technology with Hollywood," says Hanguang Wang, chairman of Hanhai Holdings Investment Management Group.  "Hanhai Studio’s collaboration with the Beijing International Film Festival will introduce China's rich history and culture to the West, especially Hollywood, and promote Hollywood film in China.“  Hanhai Studio’s effort to connect senior executives from top US-China entertainment companies lays a solid ground for future US-China film co-production and will promote the development of an international film industry.