New techniques for next generation video coding

Video coding standards are rapidly evolving with the advance of the video compression techniques. As the state of the art video coding standard, H.264/AVC exhibits superior coding performance improvement over its predecessors. Currently, both VCEG and MPEG are launching their next-generation video coding project, which aims to meet the new requirements future applications may impose on the video coding standard. In this paper, we summarize the progress of those next generation video coding standard projects and existing new video coding techniques. Moreover, we also present details on our implementation of second-order prediction and reduced resolution update, followed by some experimental results.