We have newly developed a virtual studio system with high-quality 3D Computer Graphics images. The system enables the use of live TV program productions with the latest CG programing techiniques of real-time animations utilizing hardware engines of GWS (Graphical Work Station). In this paper, we have described an outline of our high-quality virtual studio system. We have also described challenges to developing of a newtype of CG image creation method using the new virtual studio system in live TV program productions.