The economic transformation underway in China is nothing short of remarkable.
Commercial growth is rapid and strong.
Shanghai, Beijing, and Guangzhou are rapidly taking on the big city vitality of Hong Kong, Singapore and Seoul. The Chinese people are moving vigorously to make China almost overnight one of the world's leading economic powers. We welcome the opportunities this is bringing for that great nation as well as for America. The Chinese and American film industries have many shared interests. For one thing, China makes excellent motion pictures.