He created a cult following with Kung Fu Hustle, he might play Mr. Miyagi in the Karate Kid remake, and now, along with Kung Fu Hustle 2, Stephen Chow has another big flick on the way -- CJ7. If his descriptions are anything to go by, this should be one heck of a movie. According to The Hollywood Reporter, Chow had great things to say about the movie at a press conference yesterday, claiming that the film's locally-produced state-of-the-art digital effects are "up to international standards that will withstand comparison." Of course, such effects are pretty pricey, and Chow says the flick "the most expensive in my career." While he won't give an exact number, the budget is rumored to be about $20 million.

This is a pretty big deal for both Chow and China -- CJ7 will have the country's first cinematic creature that is completely digitally produced. What sort of creature? The flick is a "sci-fi comedy about how the sudden arrival of a strange new pet shakes the lives of a poor laborer father and his young son." Apparently, this creature is some sort of alien in the shape of a dog. If you think this has a bit of an ET feel to it, you'd be right. The director has admitted that Steven Spielberg's alien heavily inspired the story, being a favorite film of the actor/director.

While it is hitting Chinese screens at the end of the month, we won't have very much longer to wait -- the film is set to be released in the US on March 7.