Festival shows 500 films and TV series from China and the US

LOS ANGELES - "I have been to the Golden Angel Awards for the past several years and each year they get bigger and better," producer Larry Namer said at the awards ceremony, following glittering red-carpet arrivals.

"They are a much-needed joint celebration of the art of filmmaking and the need for both China and the United States to realize how much they depend on each other in this industry."

Days after the Golden Angel Awards night on Oct 30 in Hollywood, business insiders are still talking about the star-studded event for the sake of diversity and cooperation that were regarded as key factors under the current trade situation between the two biggest economies.