Hong Kong Plans To Revive Its Film Industry 18 November 2008 1:31 AM, PST
While at its peak in the 1990s, the Hong Kong film industry was churning out more than 300 movies a year. That number fell to 50 last year and is expected to be even lower still this year, Wellington Fung Wing, secretary general of the Hong Kong Film Development Council, told the South China Morning Post on Monday. The drastic decline of an industry that was once called "Hollywood of the Orient" has spurred the council to reach out to Taiwan, Singapore and Malaysia to arrange co-productions that could appeal to their joint markets. It also plans to send a delegation to nearby Guangdong province on the mainland next month to explore the possibility of co-productions with studios there, the Morning Post said. http://www.imdb.com/news/ni0608615/
