The surrender of Japan in World War II caused the Manchukuo Film Association to disband in 1946. The parts that were sanctioned by the Chinese government would integrate with the Yan'an Film Studio and the Northeast Film Studio. The War of Liberation would break out in 1949 forcing the studio to move to Changchun. By 1950 it was considered founded, and by 1955 the Northeast Film Studio technically no longer existed, since China's Ministry of Culture would officially rename the newly combined entity as "Changchun Film Studio". Under the new name, it would also become the first registered film factory under the People's Republic of China. After the Third Plenary Session of the 11th Communist Party Conference in December 1978, the notions of class struggle and continuous revolution were abandoned. Deng Xiaoping allowed the development of more creative ideas under the slogan "emancipation of the mind". Film makers felt they could at least make films that entertained as long as they did not openly declare their intention to make commercialized movies. The group is also the founder and host of the annual China Changchun Film Festival since 1992. By 1998, the studio would begin a restructure process including the retirement of 1000 employees along with transitioning from a studio to corporate structure.
Present
Today the Changchun Film Group Corporation has one of the largest film production base in China. The production centers remain in northeastern Jilin province. In 2003 the company became a shareholder of Huaxia Film Distribution, which became an importer of foreign films. Prior to the founding of this distribution corp, the state-run competitor China Film Group Corp. had a near monopoly control on all foreign films going into the country. Also in 2003 an announcement was made with an initial investment of about US $120 million to begin the first phase of the construction of the "Changchun Film Theme Park" under . The design is modeled after Hollywood'sUniversal Studios, covering an area of 1 million square meters, it is the first park of its kind in China integrating film entertainment with film tourism. The construction is divided into three stages, and the investment has grown to 1.5 billion RMB. The movie world section of the park was opened to tourists on a trial basis in September and October 2005 at a price of 128 yuan per entry. The Changchun government estimates the center would hopefully draw in at least 1.5 million people a year in the future from home and abroad making US $27.1 million.