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    Problems still hindering growth of film industry

    By Wu Yiyao and Yu Ran in Shanghai | China Daily | Updated: 2013-06-18 07:23

    Weak IPR protection, lack of communication between investors and filmmakers cited as barriers to success

    Despite rapid growth, the Chinese film industry still faces some nagging problems that industry experts say must be resolved before it moves on to the next level of its development.

    Zhang Tian, the general manager of Shanghai's Culture Assets and Equity Exchange - the first pilot program backed by the central government for cultural enterprises to trade copyrights and equities - told a film and TV finance workshop this week that inadequacies in intellectual property right protection, in particular, have continued to cloud the industry.

    Problems still hindering growth of film industry

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