Film, TV industry in Qingdao WCNA posts strong growth in Q1

Asia's first Titan motion control robotic arm becomes operational at the Qingdao Oriental Movie Metropolis. [Photo/WeChat ID: qdxihaianfabu]

In the first quarter of 2022, the operating revenue of 31 enterprises above designated size in the film and television industry in Qingdao West Coast New Area (WCNA) totaled 151 million yuan ($23.72 million), registering a year-on-year growth of 168.74 percent, while the number of film crews reached 11, indicating that the industry is off to a good start this year.

Qingdao WCNA is home to the Qingdao Oriental Movie Metropolis, one of the largest film studio complexes in the world. The Qingdao Oriental Movie Metropolis is well-equipped with a virtual production platform and can provide full-process post-production services, making it a top choice for more and more blockbusters. In the first quarter, it met the production needs of five large-scale films.

Qingdao WCNA government's preferential policies and financial support have also contributed to the vigorous development of the area's film and television industry. A special work group was established to serve the development of its film and television industry chain. Weak links in the industry chain were reinforced and upgraded, and more than 160 million yuan has been offered in subsidies to companies and producers.

More support has also be given to bolster the Lingshan Bay Film and Television Culture Industry Area in Qingdao WCNA, which serves as one of China's largest and busiest film production centers.

Qingdao WCNA has widened its policies to promote the film and television industry, which cover the entire industrial chain that is comprised of companies, key projects, cultural communication activities, financing, talent attraction and training, and the construction of one-stop service centers.