China-Korea To Sign Co-Production Pact This Month

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Busan, South Korea and China is expected to formally signed the treaty of film and TV production cooperation by the end of this month.
Two east Asian film powers signed a preliminary agreement, in June of this year.
The move will mean that movie will be deemed to be made according to the treaty places or countries, in the production of the two countries. This will make the film subsidies visiting South Korea from China and South Korea, to evade China's import quotas.
Close to Korean movie the revitalization of commission (KOFIC) sources, said the treaty is South Korea's contract with the New Zealand.
At present, some Korean movie imported to China, every year revenue-sharing quota 34 champions, although there has been a modest business success.
Even in the absence of the treaty of the volume of a cooperative enterprise is also increasing. Since this year, dozens of romance "wedding invitation" the impact of heavy family movie "boss", in South Korea ended in failure, but China has had a very good.
, "said the chairman of the China national film capital Yang Buting" geopolitical close, our two countries culture is similar, but we have a very different movie investment method. "Korean cultural goods, such as Jin Zhi, samsung electronics is very appreciates China." Korean wave "was a great success."
Speak at a seminar on Monday suggested in Pusan, mutual funds may establish the partnership of public and private sectors, to invest in South Korea - China's image.

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