Home GRASP/China Chinese firm Dalian Wanda opens $7.9bn 'movie metropolis'

Chinese firm Dalian Wanda opens $7.9bn 'movie metropolis'

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The site covers more than 400 acres and includes a shopping mall, restaurants and an ice rink.
A sprawling film studio complex featuring a theme park, yacht club and hotel has opened in eastern China.
Chinese firm Dalian Wanda has invested $7.9bn (£5.7bn) into the Qingdao Movie Metropolis, which it hopes will attract foreign producers to the country.
The complex spans more than 400 acres and is said to include state-of-the-art production facilities.
Wanda CEO Wang Jianlin said it would « turn Qingdao into a global hub for film ».
« We will boost the Chinese movie industry development, » he said at the project’s official opening on Saturday.
« This is the largest investment the global film and television industry has ever seen.

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