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The deal was symbolically signed by Tornatore and Zhang Qiang
of APG at the end of a forum on co-productions Sunday on the
first full day of the Beijing International Film Festival. Among
the witnesses to the signing was Miao Xiaotian, VP of China Film
Co-production Corporation.
"The deal is an agreement in principal (without a specific
project that is yet agreed)," Tornatore told Variety. He said
that it will likely happen within the next two to three years
and be a majority Chinese-financed picture.
It was unclear whether the film will use the bilateral
co-production treaty between Italy and China that was signed in
2014. The first film that used the treaty was Cristiano
Bortone's "Coffee."
Tornatore, who has other credits including "Malena," "A Pure
Formality" and "The Legend of 1900," joins an expanding list of
well-known talents who have signed first look or outline deals
with APG. Others include Wong Kar-wai and Peter Chan.
Earlier this month APG announced that it had teamed with
Skydance to produce a film about the Flying Tigers, the WWII
squadron in which U.S. and Chinese airmen flew on the same side,
with Randall Wallace ("Braveheart") supplying the screenplay.
Alibaba Pictures began investing in Hollywood film with its
stake in the 2015 Skydance film "Mission: Impossible - Rogue
Nation" in partnership with Paramount Pictures.
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