The year of 2016 had witnessed a rise in investment and financing of film industry. The scale of each private equity investment and each merger and acquisition case was among the largest ones in culture and media industry. In 2016，investment and financing scale of the film industry stood out among the whole culture and entertainment sector of NEEQ. China’s overseas film investment and cooperation also embraced a boom in the year of 2016. The introduction of Film Industry Promotion Law had promoted the investment and financing of the industry from the policy level. However，film fund investment was faced with risks. And VR film investment faced both risks and opportunities.