The new termination date is April 1, 2008:
http://www.cctv.com/english/20071219/107282.shtml
12-19-2007 20:35
China Central Television (CCTV) will stop broadcasting programs via satellite Galaxy-3C from April 1st, 2008. Audiences in North America cannot receive CCTV's programs through Galaxy-3C from then on.