Chinese entertainment company plans to build competitor to Shanghai Disneyland

Posted Wednesday, September 25, 2013 9:37 AM | Contributed by Jason Hammond

Dalian Wanda Group chairman Wang Jianlin signed a deal with the city of Wuxi, just west of Shanghai, to build a $5.9 billion “cultural tourism city,” the Wuxi Daily reports. The project, dubbed Wuxi Wanda City, will span 296 acres around a small lake. It will include an outdoor amusement park, a “film city” with 3D cinemas, an indoor children’s theme park, an “extreme sports hall,” seven resort hotels, a commercial center with over 200 retail shops, and a “bar street” of at least 20 venues.

Read more from The Hollywood Reporter.

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