Billionaire Wang Jianlin Saturday May 28,2016 officially unveiled Dalian Wanda Group Co.’s Wanda City, the first of the company’s 15 planned theme park and entertainment projects in China that it hopes will help it unseat Walt Disney Co. as the world’s largest tourism operator.
The Wanda Cultural Tourism City, spanning 2 square kilometers (200 hectares) in Nanchang, in the southeastern Jiangxi province, features a theme park, a movie park, an aquarium, hotels and retail stores, the company said in an e-mailed statement. Wanda expects the complex to attract 10 million people a year
Wanda Group is already preparing for more Wanda City projects, with a second in eastern Anhui province’s Hefei city due to open in September. Wang said on Saturday that by 2020, there will be 15 Wanda Cities in China -- in locations including Shandong province’s Qingdao, Guangdong province’s Guangzhou and Jiangsu province’s Wuxi -- and three overseas.
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