Property News · April 29, 2018

Media mogul Wang Jianlin bets on world’s largest movie studios to turn Qingdao into China’s Hollywood


At the Oriental Movie Metropolis in this seaside city, workers are putting finishing touches on the fittings and glitzy lights of the world’s largest movie production studios: a 50-billion yuan (US$7.9 billion), five-year undertaking by Wang Jianlin, once China’s wealthiest businessman.
On a hill overlooking the site, four gigantic Chinese characters read out the studios’ name Dongfang Yingdu, in a nod to Hollywood’s fabled sign in Los Angeles.
Feng Shen, a trilogy based…

Source : South China Morning Post
Read more…Media mogul Wang Jianlin bets on world’s largest movie studios to turn Qingdao into China’s Hollywood