Taiwan Rises Fast as New Production Hub

  • Variety
The uncertainties that loom over the media in mainland China could soon spark a renaissance of Taiwan’s film and television industries, with an increasing number of international and regional players planning to produce Mandarin-language content on the island that would target Chinese audiences worldwide.

Taiwan’s free environment, lower production costs and abundance of Mandarin-speaking talent all contribute to this movement.

Mainland China, on the other hand, is becoming less desirable as a production base because of the continuously tightened censorship and surging production and talent costs. The local industry is still recovering from the Fan Bingbing tax evasion scandal.

Although China’s tax authorities recovered more than 11.7 billion yuan ($1.7 billion) of back taxes from stars and entertainment companies at the end of 2018, this only concluded the first stage of the crackdown. Government actions will continue this year and certain productions are expected to be put on hold.

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