The three-day Qingdao Film and Television Expo ended on Oct 17 in Qingdao West Coast New Area with fruitful results achieved, local media reported.

The 2021 Qingdao Film and Television Expo is held in the Qingdao West Coast New Area from Oct 15 to 17. [Photo provided to chinadaily.com.cn]

A host of themed activities including forums, film promotions, training sessions and exhibitions were held during the expo, with hundreds of experts and scholars in the field of culture, media and film, as well as producers, directors and investors in attendance.

Cutting-edge technologies applied to the film and television industry were a highlight at the expo, which displayed a larger number of 5G equipment and offered immersive virtual experiences for visitors.

"High- and new-tech video", which offers higher-level formats and a better audiovisual experience, was also a highlight. Seminars, project-matchmakings and exhibitions related to this were held.

Twenty high-tech video enterprises and related institutions signed contracts to begin operations at the 5G High-and New-Tech Video Pilot Park in Qingdao West Coast New Area. The high-tech video center of National Broadcasting and Television Network Engineering Technology Research Center was also inaugurated during the expo.

Projects with a contracted value worth 7 billion yuan are signed during the expo. [Photo provided to chinadaily.com.cn]

During the expo, cooperation intents were inked for 50 projects. Eighteen of these projects were signed at the expo, with a combined contract amount of 7 billion yuan ($1.08 billion).

The projects will improve the film and television industry chain of the Oriental Movie Metropolis, the largest film-studio complex in the world, and further promote the high-quality development of Qingdao film and television industry.

The Annual Report on Development of Global Film Industry 2021 is launched. [Photo provided to chinadaily.com.cn]

The Annual Report on Development of Global Film Industry 2021 was also launched during the expo.

Qingdao West Coast New Area has in recent years been ramping up efforts to promote the development of the local filmmaking industry. The area has hosted a series of high-ranking film related events such as the Shanghai Cooperation Organization (SCO) Film Festival, the ceremony of the International Theater Academy Award, and the ceremony of China Film Society of Performing Art Award.

The area boasts a large pool of talent and is home to world-class film and television facilities, including the Lingshan Bay Film and Television Culture Industry Area, which covers an area of 44.6 square kilometers and is one of the largest and busiest film production centers in China.

A slew of preferential policies have been launched to support the local film and television industry development and attract related companies. The area is now home to more than 4,000 registered film and television enterprises and supporting companies. A total of 160 million yuan in subsidies has been granted to film and television companies and production crews.

The Qingdao Film Academy is launched during the expo. [Photo provided to chinadaily.com.cn]

An aerial view of the Oriental Movie Metropolis Film and Television Industrial Park in the Qingdao West Coast New Area [Photo provided to chinadaily.com.cn]