Since December 2019, as the COVID-19 has spread rapidly around the world, governments have strongly implemented various quarantine policies, including keeping social distance between individuals and online education etc. Nevertheless, mankind is threatened with new challenges in all areas of politics, society, culture and sports, as well as economic activities between countries. In particular, the film industry, where many people gather in dense spaces, has been affected by its nature, resulting in a sharp drop in sales and audience numbers. Since the film industry has significant meaning and value in the development of cultural industries in both Korea and China, and it is a highly value-added industrial sector in terms of economy, it is time for the government to take measures to overcome such crisis. This paper aims to predict the future development and prospects of the film industry of Korea and China through the implementation of government-level policies for the revitalization of the film industry in both countries and the efforts of the film industry.