China's current broadcasting industry is characterized with a "four-level with overlapping signal coverage" pattern. Chinese TV stations are mainly financed by the local governments, and administered by the broadcasting regulators per the territoriality of laws. China's broadcasting sector has been seeing a fast growth, though with a limited market-orientedness and openness. In terms of the macro policy environment, the openness of China's broadcasting industry is increasing. In the backdrop of a speeding-up cultural system reform, the Chinese broadcasting regulators have been making efforts to tarnish the image of the whole industry. Recognizing the commercial attribute of the movie and TV products, the regulators have begun to build modem cultural enterprises and adopt new business models. They have also begun to slacken their regulation enforcement, gradually shifting toward one that aims to solve the role conflicts of the broadcastors. Formerly, a broadcaster combined the roles of a regulator and a player, a governmental and an entrepreneurial bodies, an administrative institution and a market-oriented business. Now, they emphasized that broadcasting regulation should be enforced legally ant that the former meticulous admistrative functions should be replaced with monitoring at a macro level and a public-service orientation. Corporate managment of the broadcasting channels and frequencies are encouraged. In terms of the market environment, the broadcasting market has been segementing, with the eastern, central and western China markets having their own characteristics. The eastern China market makes profits through paid broadcasting and advertising; the central China market mainly through advertising; and the western China market through adverstiing and government funding. This brings China's broadcasting market from a former cooperative one to a competititive one now. The four-level pattern of China's TV market was formed due to the predorminant role the government played in resources distribution. But with the broadcasting sector becoming increasingly industrialized and market-oriented, the four-level pattern has gradually involved into a three-level one, consisting of the China Centeral Television (CCTV), provincial TV and city TV. This three level pattern is prone to change too under the threat of the booming digital TV, mobile TV and Internet TV in China. The major cause behind the afore-mentioned pattern shifting is: The leading role the government plays in resources distribution has begun to give away to the market orientation. The impact of such a role change can be seen in many other aspects besides in the market pattern shift. Driven by the market, those privately owned TV program providers are expected to become an important player, empowered by the "TV Play Production Permit" and "Movie Shooting Permit" issued by the China State Administration of Radio, Film and Television (Sarft). Chinese broadcastors and their oversees counterparts can cooperate in many areas, including program purchasing, shooting, channel management, sale of set-top boxes, technology, capital and personnel. These areas, teemed with opportunities, have already seen many successful cooperations. With similar cultural background and a long-time good relation, China and Korea can cooperate even more. The two countries' broadcasting resources are complementary and have a strong mutual demand, which form the solid foundation for the two countries' cooperation. There actually has been a good beginning already. In 2003, the CJ Group in Korea and Shanghai Media Group jointly lunched Shanghai SMG-CJ Home Shopping Co.,Ltd.to tap China's TV shopping market; In 2004 Beijing Zhongbo Media Co.,Ltd.and a Korean company debuted their million-dollar Internet TV channels. In 2004 alone, Korea exported to China over 40 TV plays and many movies.