"With the help of our friends from Qi Tai, this is the beginning of a close relationship for many years to come."
Film New Zealand has put a priority on helping producers forge links with China and take advantage of the co-production agreements that allow Chinese film makers to access New Zealand incentives and kiwi producers to get around foreign quotas.
The government agency has its first official presence at the Beijing festival this year, screening five movies, and hosting a booth at the event.
China Film Animation, a subsidiary of China's largest state-run film enterprise China Film Group Corp, has been looking to partner with Huhu for some time, which will be the New Zealand firm's first feature movie to be co-produced with a China based partner.
Huhu has worked with Chinese firms for the past six years, and has studios in Taipei and Beijing, along with its main centre in Auckland.
The movie will also be Qi Tai Culture's first co-production with a New Zealand.
Along with film financing, Qi Tai Culture provides marketing, events management, public relations and advertising in its suite of media services.
"Our team at Qi Tai are looking for sound investment opportunities from emerging media market," said Fu Leilei, vice president of Qi Tai Culture.
"We believe this project will strengthen the film industry on an international level."
Stratagem/SMIE were granted distribution rights outside Greater China, while William Morris Endeavour will handle US domestic distribution.
Watch the trailer for Beasts of Burden below:
BusinessDesk journalist Paul McBeth is on an exchange at the Shanghai Daily News with support from Asia New Zealand Foundation
