Central fiscal year allocated 100 million Yuan to support 5-10 focus films | | in the central budget films _ news

As a follow-up to the 18 and 18 the spirit of the third plenary session of the party, enriching people's cultural life, promoting the prosperity and development of Chinese films, recently, finance and the national development and Reform Commission, the Ministry of land and resources, Ministry of housing and urban-rural development, people's Bank of China, the State administration of taxation and the press and publication administration, such as seven departments, economic policy jointly issued a support film development. Includes:

One is to increase the intensity of special funds to support. Central Government continued to arrange special funds to promote film-making cinematic gems, which funds totalling 100 million Yuan annually, take the form of key film, submitted for approval, to help focus 5-10 influential film. In special funds for the development of cultural industry, dedicated funds to support the promotion of high-tech applications in filmmaking, supports Chinese enterprises to go global, core supported film industry projects and technology base construction, and so on. Midwest City Theater-building subsidy policy implemented.

Second is the policy of tax incentives for the film industry. Movie production companies can sell copies of the film (with digital copy), transfers revenue from copyrights, film distribution company's film distribution revenue, film screenings film enterprise in rural areas income exempt from VAT since January 1, 2014 to December 31, 2018.

Third, financial support to the film industry policy. Support meet conditions of movie Enterprise listed, encourages movie Enterprise issued company debt, and Enterprise debt, and collection trust and collection debt, and SMEs private debt, non-financial enterprise debt financing tool; guide private equity investment funds, and venture investment fund, various investment institutions investment movie industry; central financial on national focus support of movie base, and enterprise and project, gives must proportions of loan discount and premium subsidies.

Four is to support cinema construction of differentiated land use policies. Given the sources in various forms of theatre land, show diversity, in order to encourage cinema construction, can be individually built, project construction, alterations in situ, off-site increased viewing facilities such as relocation, and individually for different situations to implement agreements, listing of differentiated land supply policy.

(Edit: SN022)
11:45 on June 20, 2014 The Treasury website