Property News · October 18, 2016

Wanda courts Hollywood to its US$8bn ‘Movie Metropolis’ studio in Qingdao


China’s richest man Wang Jianlin has unveiled an incentive programme to attract foreign filmmakers to his new studio complex in Qingdao, as part of efforts to foster a major production hub that will help feed China’s growing appetite for cinema entertainment.
Wanda Group, the flagship of Wang’s entertainment, real estate and finance conglomerate, will provide up to a 40 per cent rebate towards production costs at Qingdao Oriental Movie Metropolis.
The rebate programme, valued…

Source : South China Morning Post
Read more…Wanda courts Hollywood to its USbn ‘Movie Metropolis’ studio in Qingdao