TIANJIN -- Cameron Pace Group has formed a joint venture in North China's Tianjin municipality promote 3D filmmaking and equipment development in China.

CPG co-chairmen James Cameron and Vince Pace, Gong Jing, chairman of Tianjin Hitech Holding Group, and Wang Dafang, chairman of Tianjin North Film Group, signed the contract Tuesday here and announced the establishment of the joint venture.

The company will focus on 3D filmmaking, developing 3D technology and equipment and training 3D arts and technology professionals.

Cameron said the success of his films "Avatar" and "Titanic" in China has demonstrated the Chinese audience's love of 3D, and that is why they choose to share their 3D technology with China.

Cameron Pace' 3D

Cameron Pace Group sets up China HQ for 3-D entertainment
Cameron highlights China's 3D film, TV potential
Cameron tapped in China's 3D film

China's film industry

China's movie sector becomes 2nd-largest
China film industry suffers Hollywood headwind
Supporting role of Chinese film
Making films competitive
Movie imports limits 'should be loosened'
Imported movies drive film market
China's movie box office surges in H1
Moving on from Chinese movies
Chinese brands cash in on Hollywood Movies