Advertisements are seen on the Wanda Plaza by Dalian Wanda Group in Xinxiang, Henan province, China March 23, 2018. Picture taken March 23, 2018. REUTERS/Stella Qiu
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A massive "movie metropolis" billed as China's answer to Hollywood opened Saturday, aiming to boost the domestic film industry and attract foreign producers.Fifty billion yuan ($7.9 billion) has been invested in building the studio complex in the eastern port city of Qingdao, according to the project's initiator, Chinese conglomerate Dalian Wanda, which is owned by one of China's richest men Wang Jianlin.The size of 500 football fields, the 376-hectare "Qingdao Movie Metropolis" features 30 studios with "the highest international standards", according to Wanda.
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