24 April 2012 6:00 PM, PDT | The Hollywood Reporter | See recent The Hollywood Reporter news »

The second Beijing International Film Festival launched the Beijing Film Market and co-productions forums on Tuesday, following a star-studded opening ceremony on Monday that was attended by luminaries from both China and Hollywood, including director James Cameron, Avengers star Jeremy Renner, Hong Kong actor-producer Andy Lau and local auteur Ann Hui. Photos: Cannes Film Festival: Veterans Ready to Return to the Croisette Once the glitzy opening was over however, Biff got down to business on its first full day. The Film Magic Beijing Forum, which includes the Sino-Foreign Film Co-production Forum, and Summit Forum of

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- Karen Chu

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