filmmakers sho上海夜生活品茶微信uld work harder toward developing new film genres and raising the quality of their storytelling to draw back audiences to the cinema.
“When I started to work in the film sector in 2001, China’s annual box-
office takings were less than 900 million yuan. The figure expanded to 60.9 billion yuan in 2
018. We should keep this (earlier) momentum going despite 2019 looking like a difficult year,” Yu says.
And huddling for warmth has become one of the main themes of the festival forums this year.
Fan Luyuan, chairman of tech giant Alibaba Group’s film subsidiary Alibaba Pictures, say
s Chinese filmmakers should get together to enhance cooperation and combat economic risks.
Instead of investing alone in big-budget films, as in the past, most studios now prefer to joi
n forces to co-finance them, echoes Jiang Ping, general manager of the China Film Group.
For instance, Shanghai Fortress, one of the most anticipated science-fi
ction movies after The Wandering Earth-a game changer in the film genre in China-has s
o far drawn 12 companies on board, with five involved in coproduction and the other seven in co-distribution.