The official News

Beijing International Film Festival Sets New Record for Contract

 
  
Group photo of key project representatives at the ceremony
   
  On the afternoon of April 21, a contract signing ceremony for the 6th BJIFF Film Market projects was held at Beijing International Hotel. Film Market attracted the participation of 65 enterprises and institutions, 49 key projects were signed, achieving a total contract volume of 16.33 billion yuan.
  
  “Innovation” became its prominent highlight, giving rein to its role as a weather vane in the industry   
    
(Mr. Liang delivers a speech)
  
  At the contract signing ceremony, Deputy Director Liang Ge delivered a speech. He fully affirmed working results and international influence achieved by Beijing International Film Festival Film Market over the years, and expressed thanks to all the insiders for what they had contributed to the development of Chinese film industry. He also placed great hopes on Beijing International Film Festival. He noted, over the recent years, Chinese film industry had developed rapidly, having constantly improved its role and functions in international film market. The film festival, especially the film market section, is an important exchange platform for domestic and overseas professionals in filmdom, and an important platform for international counterparts to get to know Chinese film and the development of Chinese film industry, as well. Beijing International Film Festival has been constantly improved to its role as a platform, whose achievements are obvious to all. He hoped Beijing International Film Festival Film Market will constantly give rein to its role as the weather cane in the film industry, improve the integration of Chinese and international film and facilitate practitioners of Chinese film industry to communicate with their international counterparts.
  
  Film Market achieved a total contract volume of 16.331 billion yuan, hitting a new record
   
(Mr. Han delivers a speech)
  
   After the contract signing of key projects, Deputy Director-General Han Yu delivered a speech, summarizing the work of Beijing International Film Festival Film Market this year.
  He said, this year’s Film Market, with “innovation” as its core ideology, discussed new approaches, promoted new technology, fostered newcomers and new works, and explored innovation patterns and development tendency of the film industry. During the process of three days’ exchange, trading and exhibition of the Film Market, activities of five major sections were smoothly carried out, with many indicators hitting a new record. He added, this year saw an accumulation of over 30,000 viewers and over 1,500 domestic and overseas trade visitors and exhibitors.
  As an important part of Film Market, the role of this year's Project Pitches as an incubator of young film talents continues to be strengthened. The number of projects hits a record high. A total number of 674 projects were received, with an increase of 48% compared with last year. Generally, this year's film market has provided greater support for projects, and the role of Project Pitches as an incubator has been deepened continuously. Then he said Industry Conversations and Events & Activities of Film Market were diversified. In this year's Film Market, a total number of 26 industry conversations and events & activities were held. In terms of content, apart from topics law, Internet technology, finance and other topics that were of concern in previous years, new technologies such as VR has made all-round and profound impact on film industry in project creation, shooting, post production, and viewing experience.
  In the end, he announced that the total amount for contract signing in Film Market of 6th BJIFF achieved 16.331 billion yuan, with an increase of 17.96% compared with that of last year. Projects signed covers a larger range, including film project investment, film crowdfunding, infrastructure construction of film industry, and film strategic cooperation and funding. In his further analysis, types of projects signed through the platform are not limited to film project investment, but cover full film industry chain, which highlights the function of BJIFF Film Market as an exchange and transaction platform.
  He concluded that, Beijing International Film Festival had achieved fruitful results, which benefited from its resource advantages of Beijing as the capital, from the rapid development of Chinese film market, from  the strong expectation of the rapid development of Chinese film industry held by the practitioners. Once again, he expressed thanks to those present for their support and hoped he would strengthen the contact with the insiders and work together to devote more to the development of Chinese film market.
  

 

  The signing projects highlight the new industrial trend, Li Chen and Lisa make their debut 

 

  

  (Li Chen (director of Lock on Target), Chen Hao (deputy director of Publicity Department of Political Department of the Air Force), Lyu Jianmin (chairman of Spring Era), from left to right)
    
    
(Li Chen (director of Lock on Target), Chen Hao (deputy director of Publicity Department of Political Department of the Air Force), Lu Jianmin (chairman of Spring Era), from left to right)
  
   Apart from another round of discussion on New Thought, New Technology, and New Method in this year's Film Market of BJIFF, new film-related projects also attracted much attention. At the Contract Signing Ceremony, projects including Sino-Korean Cultural Industry Base, Beijing Poly Cinema Center, launching ceremony of Rock Partner Capital were greatly appreciated by the professionals in the industry. In addition, The Back of a Knife Blade, Manhattan Love Story, Lock on Target, Legend of Thousand-Hand Kwan-yin, and Billionaire Boys Club were much anticipated since their primary exposure.
  Meanwhile, another surprise is that Li Chen first appeared as the director at the Contract Signing Ceremony, and officially announced that he will cross the border and be a director. His choosing the military film Lock on Target as his directorial debut has won support from many military fans. Besides, Lisa, the host who has been away from the spotlight for a long time, appeared at the ceremony as the vice president of Beijing Century Partner Culture & Media Inc. She will join hands with Poly Culture Group Corporation Limited and Director Xu Haofeng to make a martial arts film.
  About 300 people were present at the ceremony, including Liang Ge, deputy director of Film Bureau of the State Administration of Press, Publication, Radio, Film and Television of the People’s Republic of China, Li Chunliang, secretary of the Party Leadership Group and director-general of Beijing Municipal Bureau of Press, Publication, Radio, Film and Television, Party secretary and director of Beijing Media Network, director of Beijing TV Station (BTV), Han Yu, deputy director-general of Beijing Municipal Bureau of Press, Publication, Radio, Film and Television, Bian Jianguo, associate counsel of Beijing Municipal Bureau of Press, Publication, Radio, Film & Television, Yu Huafeng, member of the Standing Committee of the CPC Langfang Municipal Committee, vice mayor of Langfang, Huang Pei, deputy office director of Organizing Committee Office of Beijing International Film Festival, Leon Gao, founder of Entgroup, representatives of key signing projects, guests of Chinese and foreign film enterprises and institutions, exhibitors of Film Market.