Chinese Billionaire to build “Hollywood” theme park

By Melissa Platero, CCNN Writer

China billionaire
If Wang Jianlin imitates the Hollywood sign, will it be more popular? Probably not, but he can try!

If you had 8 billion dollars, what would you do? I’d probably pay off my college loans, buy a home near the beach that’ll fit 50 puppies, and donate a billion or two.

Unfortunately, my wallet only carries 6 bucks and a packet of gum, but the richest man in China, Wang Jianlin, has a few billion dollars to spare! He’s shelling out $8 billion dollars to create a “motion-picture-city” called the Qingdao Oriental Movie Metropolis. Wow, we don’t know where to start. Are we jealous or crazy excited… probably a little of both.

Anyways, the main attraction planned is an area of 20 state-of-the-art film studies, including the world’s first underwater studio. He’s not just busting out billions of dollars to make the very best studios, but he’s also making history! Other planned facilities include a theme park that’ll rival Orlando’s Universal Studios, a celebrity wax museum, a yacht center, and restaurants. Before we forget, Wang is also building a “Hollywood” style sign on the hills nearby. I don’t know how I feel about the iconic letters that make Los Angeles special getting copied, so we’ll just have to wait and see the final product!

Unless you’re a huge movie fan (or director) why would you single-handedly invest so much money in a project this huge?! Well, Wang’s hopes for China and its blossoming film industry are very high. “With the huge potential that comes with a population of 1.3 billion, the global film industry will recognize that the sooner you partner with China, the sooner you make more money,” his agency, Dalian Wanda Group Corporation, paraphrased him saying. He also mentioned goal for the studio was “at least a hundred films a year.” That may sound a little ambitious, but big agencies like the Weinstein Company and Warner Bros. are talking about striking a deal!

If this theme park is anything like the famous Universal Studios, then expect this “Chinese Hollywood” to have tourists flocking the country!

Featured image of courtesy of Eric Norris on Flickr. Image of Wang Jianlin courtesy of World Economic Forum on Flickr