Film, TV executives see Hollywood future for Wuxi

The famous director and actor Xu Zheng, who is currently shooting "Lost in Russia", the third movie of his "Lost" series at the studios, stressed that he and the whole crew had a real sense of security and belonging there.

"All members of staff have taken great care of us and we are supported by a super talented post-production team at Wuxi Studios," he said.

Xu Zheng speaks about his experience filming at Wuxi Studios. [Photo by Lyu Yihan/chinadaily.com.cn]

Xu's singling out of the post-production team highlights one of the most important stages of filmmaking. And the studios plan to develop that area of their business, according to Gao Yalin, vice-president of China Television Actor Association.

He introduced a new project called "Film +" Burning Dream Plan in his speech, which involves the setting up of a new platform for entrepreneurs involved in post-production.

The ambitious plan has been in the pipeline for the past two and a half years, and has received total investment of more than 2 billion yuan ($289.5 million). In addition, the 2-billion-yuan WuxiStudio Film Fund and Hele "Film +" Fund, which is worth up to 1.5 billion yuan signed an agreement with each other.

The "Film+" Burning Dream Plan officially opens for registration at Wuxi Studios. [Photo by Lyu Yihan/chinadaily.com.cn]

Following the speeches, two roundtable dialogues were held with 13 top industry representatives discussing the future of the industry, including its challenges and opportunities.

One thing is certain after the events of the past two days - filmmaking in Wuxi has a very bright future indeed.