Hollywood stars help China property mogul unveil €6bn film park plan

China’s richest man, property developer Wang Jianlin, raised the curtain on a planned 50bn yuan (€6bn) “motion- picture city” which he described as the biggest-ever single investment in the movie and television industry.

The 58-year-old founder of Dalian Wanda Group was surrounded by Hollywood stars John Travolta, Nicole Kidman, and Catherine Zeta-Jones yesterday as he launched his most ambitious project yet in the picturesque coastal city of Qingdao.

When completed in 2017, the Oriental Movie Metropolis will boast 20 sound stages, including the world’s first underwater studio, a convention and exhibition complex, a sprawling shopping mall with an indoor amusement park and seven resort hotels.