China seeks strengthen cooperation between the Chinese and foreign film companies with $2 billion film studio and theme park development in Chongqing.
The theme park which is being built by a Chongqing-based subsidiary of ZYHJ Industry Investment Capital Ltd, is set to break ground in 2017.The theme park and movie studio complex will be named after the President Xi Jinping's “One Belt, One Road” program, which aimsto establish and strengthen international trade channels.
China's strategic focus on the entertainment industry is clearly working, with China’s box office set toexceedthat of the US in size. Dalian Wanda, who haveformed a partnership with Sony Pictures and acquired Legendary Entertainment, is currently building a megafilm and TV studio inQingdao.
Rachel Read
Rachel is co-founder and strategic director at blooloop. She has a degree in engineering from Cambridge University, is a Chartered Accountant and has certificates in Sustainability Leadership and Corporate Responsibility from London Business School, and Sustainable Marketing, Media and Creative from Cambridge University's Institute for Sustainability Leadership (CISL). Rachel oversees our news, events and sustainability.
