China has lifted restrictions and will support the film industry in Macau and Hong Kong, the Macao Government said Thursday.
Macau “welcomes this initiative with satisfaction and with the conviction that it will encourage bilateral cooperation, opening space for sector development, benefiting film production and stimulating the proper diversification of the economy” of the territory, said in a statement, the voice of the Government.
The measures include the cancellation of numerical limits on the participation of Hong Kong and Macao residents in Chinese productions and the cancellation of restrictions on Chinese-related elements in co-productions with these two territories.
Beijing also allows “Hong Kong and Macao film and TV professionals to enter the domestic selection stages for domestic premiums such as Huabiao, Golden Rooster, Hundred Flowers,” as well as companies from both territories “request support for the dissemination of Chinese works of excellence, whether in Hong Kong, Macau and Taiwan, or abroad, “according to the same note.
For the Government of the Macau Special Administrative Region (Macao SAR), these measures will have “a significant positive effect on human resources training and local film production.”
In the future, Macao works and actors are expected to have even more space in China, as it is “an immense opportunity for the development of Macau’s cultural industries,” according to the authorities.
“By exploring their potential to produce creative works, it is hoped that such companies will be able to enter the Chinese market and move to the international markets, writing a beautiful chapter in the history of local cinema,” said the Macau Government.