Wanda to launch two theme parks in Belt and Road countries

Updated 2017-05-15 17:00:21 Ecns.cn

(ECNS) -- Wang Jianlin, chairman of Dalian Wanda Group, said the company plans to launch two theme parks in countries that form part of the Belt and Road Initiative during 2017.

Wanda has set its eye on "going global", Wang told China News Service while attending the Belt and Road Forum for International Cooperation in Beijing on Sunday. [Special coverage]

He said Wanda's projects are based mainly in North America and West Europe and less in countries along Belt and Road routes.

After China proposed the initiative, efforts to coordinate policies and support funds as well as facilitate trade and investment are beginning to show results, thus providing a guarantee for Chinese companies seeking growth on the international market, according to Wang.

He also said countries along the Belt and Road route are mostly developing with a big populations and large demographic dividends while tourism infrastructure remains underdeveloped with room for huge investment.

European countries along the road are known for their developed economies and complete infrastructure but their large-scale tourism facilities were built decades ago and now need an upgrade, which means business opportunities.

Wang told China Central Television that private companies are facing more opportunities thanks to the Belt and Road project. He saw great growth potential in sectors of tourism, film and television, catering and sports.

Wang achieved viral status online in 2016 after he said it's a "tiny goal" to make just 100 million yuan.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58July 17 2018 11:53:14

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16July 17 2018 11:53:14

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18July 17 2018 11:53:14

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords