Hong Kong Film Council Revamps Financing Scheme to Boost Local Productions
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variety.comNaman Ramachandran The Hong Kong Film Development Council (HKFDC) launched the Film Production Financing Scheme 2.0 (FPFS 2.0) on Jan.
15 with the goal of bolstering local film production and fostering long-term industry growth. The scheme replaces the COVID era Film Production Financing Scheme (Relaxation Plan), which ran from July 2020 to Jan.
14, 2025, and successfully supported 23 film projects. Among these was the record-breaking “A Guilty Conscience,” Hong Kong’s highest-grossing Chinese film in 2023.
Recently released “Papa” and “Last Song For You,” which were also funded projects under the Relaxation Plan, achieved encouraging box office results.
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