Xinhua
was authorized to publish Sunday a regulation issued by the State
Council about the management of the film industry.
The new regulation, aiming at strengthening supervision of the
industry, will go into effect as of February 1, 2002. At the same
time, the country will abolish its current management regulation
concerning the film industry which was issued by the State Council
on June 19, 1996.
According to the new regulation, which comprises eight chapters and
68 articles, enterprises, governmental departments and social
organizations as well as individuals are allowed to invest in film
production, building new cinemas, and cinema reconstruction.
Apart from film studios, no domestic organization or individual is
allowed to carry out film production cooperation with overseas film
producers, according to the regulation.
Meanwhile, overseas film producers and individuals may cooperate
with domestic film studios on film production, but are forbidden to
solely conduct film production in China.
(
December 31, 2001)