The Walt Disney Company will continue to invest in China, CEO Bob Iger said during a meeting in Beijing last week.
As reported by China’s state news agency Xinhua, Iger met with Ding Xuexiang, vice premier of China, on Friday (9 January).
Xinhua wrote that “Iger said Disney is confident in China’s development, and will continue to expand its investment in China and better promote exchanges and cooperation between the United States and China".
“We will steadfastly promote high-quality development, expand high-standard opening up, and continuously optimize the business environment,” said Ding, according to Xinhua.
Ding noted that China "welcomes enterprises from all countries, including Disney, to continue investing in China and deepening their presence, and share China’s opportunities to achieve greater development," Xinhua wrote.
Disney has two theme park resorts in China – Shanghai Disney Resort, which opened in 2016, and Hong Kong Disneyland, which opened in 2005.
China welcomes Disney investment
The former is celebrating its 10th anniversary this year. It is also undergoing a major expansion, including its third and fourth themed hotels, and a new residential community for the resort's cast members.
After opening the world's first and only Zootopia -themed land in December 2023, Shanghai Disneyland now is developing a new Spider-Man-themed land.
"We're always working on new things," Joe Schott, former president and general manager of Shanghai Disney Resort, told blooloop.
Hong Kong Disneyland's multi-year expansion is also continuing with the addition of new Marvel experiences following the launch of World of Frozen, the world’s first Frozen -themed land.
Michael Moriarty, managing director of Hong Kong Disneyland Resort, told blooloop it's "been magical to watch Hong Kong Disneyland grow over the past 20 years".
Images courtesy of Disney
