17th Shanghai Film Festival Highlight: Hollywood-China Joint Ventures [WATCH VIDEO]

By Ambika Thakur | 2 years ago
17th Shanghai Film Festival Highlight: Hollywood-China Joint Ventures [WATCH VIDEO]

The 17th Shanghai International Film Festival kicked off on Saturday, June 14, 2014. The event that will last for nine days puts a deep emphasis on Chinese cinema.  A few Hollywood stars walked the red carpet to promote their movies including; Nicole Kidman, John Cusack, Jean-Jacques Annaud, and Hugh Grant. The festival, which lasts until June 22, 2014, opened with the classic, “Stage Sisters.” “Stage Sisters,” is a 1965 drama about opera singers duo set in the 1940s pre-revolutionary China directed by Xie Jin. Shanghai International Film Festival will conclude with “Transformers: Age of Extinction,” which was partially filmed in Hong Kong.  Read on for MNG’s 17th Shanghai Film Festival report to learn more about Hollywood-China joint ventures.

Jackie Chan, Nicholas Tse, Tony Leung, Ning Hao, Li Bingbing and Gao Yuanyuan were among the local talents who attended the 17th annual Shanghai International Film Festival. According to the Motion Picture Association of America, in 2013, China was the world’s second biggest box office.  With the progression of the Shanghai Film Festival Mounting, a spotlight was cast on the bonds between Hollywood and China. Behind the scenes, there were deals going on between Hollywood and China.


Approximately 400 showbiz stars from China and abroad flocked in the country’s major city Shanghai. Eminent personalities from the industry including Bona CEO Yu Dong, Liu Chunning, CEO of Alibaba Digital Media Group; China Lion CEO Jiang Yanming; and Ren Zhonglun, president of Shanghai Film Group attended a film financing forum at the festival.

The American Film Night social gathering which was co-sponsored by the Motion Picture Association and Shanghai Tang, at the fashion company’s flagship store in the city was the highlight of the event. At the night party, MPA’s Asia-Pacific chief Mike Ellis addressed the successful relationship between Hollywood and China.

Cusack and Adrien Brody were revealed as cast members in the highest-priced Chinese-language movie “Dragon Blade,” Jackie Chan’s $65 million historical action movie. The first part of filming was already completed at Hengdian Studios and will shortly begin filming on locations in Dunjuang and Aksai in the Gobi desert.

Relativity Media made an important announcement about their joint venture with China’s third biggest broadcaster, Jiangsu Broadcasting Corp. The purpose of this JV is to co-finance , co-produce and distribute film and TV productions in China.

Village Roadshow Pictures Asia and Warner Bros. will line-up up to co-finance and co-produce Desen International Media’s 3D Chinese fantasy film ,”Zhong Kui: Snow Girl and the Dark Crystal.” The production of the film is underway and is set for a February 19, 2015 release. The film is directed by Zhao Tianyu and staring Chen Kun and Li Bingbing.

Hugh Grant delighted fans when he said “I Love Shanghai” in Shanghai dialect. He brings his latest flick “The Rewrite,” to the festival.  Kidman looked simply sensuous in a fishtail gown when she walked the red carpet. She received an Outstanding Contribution award from Grant and John Woo at the opening ceremony. Jiang Wen received the Outstanding Contribution to Chinese Film Award from artist Qin Yi. Actress Gong Li, the festival’s first female jury president spearheaded 2014’s jury panel for the Golden Goblet award.

And that’s it for MNG’s report about the 17th Shanghai film festival highlight featuring Hollywood-China joint ventures. For more news about entertainment, stay tuned here at  Movie News Guide (MNG).

Check out the video below:

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Photo Source: Wikimedia Commons/Susanne Hyberneth