Haikou: Hainan has announced a slew of new policies for its film industry in Haikou, the provincial capital of the tropical island, in a move to fast-track the goal of building an “Oriental Hollywood” in China.
“A maximum of five million yuan (RM3mil) subsidies will be awarded to those who register a film production company with 10 million yuan (RM6mil) in Haikou.
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