 |
|
Wang Jianlin, chairman of the Wanda Group, poses for pictures after an interview in Beijing, China, August 23, 2016. [Photo/Agencies] |
The incentive will be paid from a five-year, $750 million fund created by Wanda and the local government in Qingdao.
As the company aims to lure Hollywood filmmakers to its new multibillion-dollar production studios and entertainment district in Qingdao, Wanda Chairman Wang Jianlin has pointed out that the move is "an opportunity for Hollywood and not competition against it."
The billionaire is currently China's richest man.
He has been the biggest Chinese dealmaker in Hollywood, having acquired a majority stake in Legendary Entertainment and also the AMC cinema chains in the US.
Dalian Wanda is a real estate and media conglomerate. Two of its key listed units are Dalian Wanda Commercial Properties and the Wanda Cinema Line.
Related:
'Game of Thrones' director may direct Sony's live-action 'Mulan'
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
Raymond Zhou:
Pauline D Loh:
Hot Pot
Eco China
China Dream
China Face
