Measures included an annual budget of one billion yuan (USD 163 million) to support the production of five to ten movies, according to an official document jointly released by a number of ministries.
A separate fund will be set up by the sector even though details were not mentioned, state-run Xinhua news agency reported.
The country's cultural development fund will also support the sector by specifically promoting the use of high- technology in movie making, boosting exports of Chinese films, investing in highly-marketable productions and building professional film websites, according to the document.