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China Film Group Unviels Ambitious Plans

It may be a state owned enterprise, but Mainland China's 'China Film Group' company has announced an ambitious expansion plan for the next five years.  It includes and IPO and expansion into the regional market outside of China. 

Even in the short term its projects are quite impressive. 

In addition to John Woo's 'Battle of Red Cliff', which is currently looking to be the most expensive Asian film ever produced, they are also involved in both Peter Chan's upcoming Jet Li/Andy Lau period epic 'Warlords and his next film titled 'Waiting' with Zhang Ziyi.   The list of big names continues, including Stephen Chow's eagerly anticipated 'CJ7' and Derek Yee's upcoming 'Shinjuku Incident' slated to featured Jackie Chan and Daniel Wu.

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