Film, TV executives see Hollywood future for Wuxi

The 2019 Tai Lake Film & Culture Industry Investment Summit opened at Wuxi Studios on May 30. More than 300 top film and TV executives and over 40 media organizations from across the country gathered in the city to take part in discussions on the latest technology, trends, and investment opportunities through roundtable dialogues, industry forums and a film night during the two-day event.

The 2019 Tai Lake Film & Culture Industry Investment Summit is held at Wuxi Studios on May 30 and 31. [Photo by Lyu Yihan/chinadaily.com.cn]

One of the highlights of the opening ceremony was a series of keynote speeches by representatives of leading investment institutions, producers, screenwriters, directors and actors.

Jiang Ping, general manager of China Film Group Corporation, who spoke without notes, went down particularly well with the assembled guests.

"Last time I came here, I was so excited that I didn't even realize I'd sprained my ankle from a walk earlier in the day," he revealed to laughter from the audience.

Namedropping dozens of famous Jiangsu filmmakers, he praised the many professionals that work in the province's film and television industry, singling out those from Wuxi as being particularly creative and self-confident.

According to Jiang, the province ranked second in China in terms of box office revenues last year, representing a truly remarkable achievement.

During the summit, "Jiangsu Film Industry Innovation Experimental Zone" and "Jiangsu Film and Game Copyright Trade (Wuxi) Base" were officially unveiled, marking the next ambitious step of the province's film and television industry at Wuxi Studios.

The "Jiangsu Film and Game Copyright Trade (Wuxi) Base" is unveiled during the opening ceremony. [Photo by Lyu Yihan/chinadaily.com.cn]