In an interview, the former president of the Academy of Motion Pictures Arts & Sciences, Sid Ganis predicted that Wuxi Studio outside of Shanghai will become a magnet for Hollywood productions within a few years.

Discouraged (and occasionally defeated) by a highly competitive and oversaturated Hollywood, a growing number of Western movie and television actors, directors, producers, set designers, and visual effects technicians are venturing to China, with some finding more opportunities in the country’s budding film industry.

Chinese online video site LeTV (Leshi)recently launched a service allowing users to pay RMB 5 to view all episodes of a television drama, and has for the first time ever moved to put episodes of TV dramas online before their television broadcast dates.

A new strategic media partnership has plans to offer Chinese Internet users access to films produced by the National Film Board of Canada (NFB); the content will be distributed via the NFB ZONE, a Canadian branded channel on a website operated by Chinese media outlet Phoenix New Media, aka, ifeng.

The 15th Shanghai International Film Festival (SIFF), one of the biggest film festivals in Asia, will run from June 16 to June 24. "unchanged to respond to changes," an attitude that has dominated every year. This is a way of keeping up with the changeable and fast nature of the film industry.