Spain and China Ink Co-Production Deal

Keeping Her Head Above Water

The actress shoots a scene where Maria clutches a tree as the flood batters her with debris, which caused actual bruises that had to be duplicated later with makeup. 

Deal gives Spanish films distribution in the Chinese market

Spain and China have signed an audiovisual co-production agreement as part of a package of 14 bilateral agreements between the two countries, the Spanish Culture Ministry’s Film Institute announced.

The deal, worth €3.1 billion, was signed last week between Spanish Prime Minister Mariano Rajoy and Chinese Prime Minister Li Kequiang in China.

The agreement allows Spanish films much sought-after distribution in the Chinese market, provided each of the co-production partners has a minimum of 20 percent in the feature film. While Spain’s box-office figures are up 2 percent over last year, with Spanish films snagging a record 23.6 percent by the end of September, Chinese box-office revenue jumped 32 percent to hit $3.55 billion.

The Film Institute applauded the measure and said the deal came as Spain had recently approved incentives to attract international shoots, including a 15 percent tax deduction for foreign productions, with a €2.5 million cap.

Spain is looking to bolster its appeal. Last week at the San Sebastian International Film Festival, a delegation of Canadian producers looking to triangulate with Spain and Latin America attended the co-production forum.