Wanda Group Chairman Wang Jianlin addresses the signing ceremony.

Wuxi Municipal Government and the Wanda Group signed an agreement to launch a mega cultural tourism project in Wuxi, East China's Jiangsu Province on September 24, 2013.

The Wuxi Wanda Cultural Tourism City will be Wanda's eighth cultural tourism investment in China and is expected to break ground in the fourth quarter this year and open in 2017. Others include the Changbaishan International Resort, Wuhan Central Cultural District, Xishuangbanna International Resort, Harbin Wanda Cultural Tourism City, Nanchang Wanda Cultural Tourism City, Qingdao Oriental Movie Metropolis and the Hefei Wanda Cultural Tourism City.

Located in Binhu District, the project covers 140 hectares . Out of the 30 billion yuan total investment, 21 billion yuan will be allocated to cultural tourism projects. It is expected to accommodate about 20 million visitors annually.

The Wuxi Wanda Cultural Tourism City will integrate cultural, tourism, commercial and hotel projects into one. 

The cultural development will include a large stage show, a film park and a film city. The stage show, featuring Wuxi's local culture, is directed by world's famous theater artist Franco Dragone. The film park has a 3D motion theater where visitors take a 6-DOF dynamic seat to enjoy a stimulating experience in a three-dimensional world. At the 3D interactive cinema "Legend of Heroes", visitors slug it out with virtual monsters.

The tourism section will include an indoor children's theme park, an extreme sports gym, and a large outdoor theme park. The indoor children's theme park, the only one in the world, combines learning with entertainment. The extreme sports gym provides facilities for car racing, diving, surfing and gliding. The outdoor theme park will cover 70 hectares and feature a 150m-high and 200 kilometer per hour roller coasters.

The City will also include a 120,000 sqm commercial center which acts as an axis of the whole project. The hotel area will cover 40 hectares and include a super five-star hotel, a five-star hotel, two four-star hotels and three themed hotels. The hotels combined will have 3,500 rooms. The bar street will include more than 20 famous bar brands from China and overseas. .

The project is expected to create 30,000 job opportunities, generate over 500 million yuan in annual taxes and produce annual revenue of 6 billion yuan.

Upon completion, the project will greatly promote Wuxi's brand value and elevate Wuxi to one of the world's famous tourism cities.