China opens film metropolis to rival Hollywood
Updated:8 years, 2 months ago
Qingdao (China), Apr 30 (ANI): In a major boost to its film industry, China launched Qingdao Oriental Movie Metropolis to rival Hollywood. With a sprawling studio complex in the north-east of the country it covers an area equivalent to more than 200 football pitches. The group behind the development, China's Dalian Wanda, says it plans to turn the port city of Qingdao into a global film production hub. The $8bn project was launched amid what some describe as a "rough patch" between China and Hollywood. This has been evident in US-China film ventures falling apart in recent years and Hollywood's share of the Chinese market is losing ground.
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