After the success of '' Cape No. 7 '' , the Taiwanese movie industry began to recover from a slump that had lasted for about 10 years . The head of the Government Information Office stated that " 2011 will be a brand new year and a new start for Taiwanese films " . The director of '' Cape No. 7 '' , Wei Te-sheng 's follow-up movie , '' Seediq Bale '' ( comprising a part 1 and part 2 ) was released in September 2011 , with part 1 ( The Sun Flag ) being the 2nd highest grossing Taiwanese domestic film of all time and part 2 ( The Rainbow Bridge ) being the 7th highest grossing Taiwanese domestic film of all time . It was shown in competition at the 68th Venice International Film Festival and it was selected as a contender for nomination for the 84th Academy Awards for Best Foreign Language Film in 2011 and was one of nine films shortlisted to advance to the next round of voting for nomination
68th Venice International Film Festival
68th Venice International Film Festival
Cinema of Taiwan