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China's Theme Park Boom

Author:未知 Source:未知  Updated:2013-03-20 13:03:58 Clicks:
Guide: Several U.S.-style amusement parks are sprouting up in China. It is estimated that the total number of theme parks in China will exceed that in America by 2020. USA Today on July 5 Original title: China&

Guide: Several U.S.-style amusement parks are sprouting up in China. It is estimated that the total number of theme parks in China will exceed that in America by 2020.

USA Today on July 5     Original title: China's Theme Park Boom

"Disney has Mickey Mouse, but we have Genghis Khan", said Ding Shengqi, one of the investors, when looking at the bronze sculpture of Genghis Khan whose initial contour had just been shaped. It lies within the Victory Kingdom Theme Park in Tianjin, which will be completed in no time.

Several U.S.-style amusement parks are popping up across China and Victory Kingdom is one of them. In case of Mickey Mouse out-competing Chinese culture, local investors have been taking quick actions to put up theme parks centered on Chinese culture while Shanghai Disneyland Park are still under construction. Experts revealed that nearly one third theme parks in China were opened for business in the past two years and over 30 new ones announced construction schemes. It is expected that the total number of theme parks in China will exceed that in America by 2020.

An adult weekend ticket to theme park usually costs 24 to 31 dollars. Hence, going to theme parks is becoming an increasingly affordable and favorite activity for the ever-growing middle class in China. In fact, owners of foreign cartoon figures plan to create new homes in our country for the smurfs, hello kitty, and other cartoon characters. Situated to the east of Beijing, China Grand Plaza will consist of three theme parks and Lhasa is now constructing its first theme park. However, principal of China Dinosaur Land in Changzhou expressed his concern that its operation would be affected by Shanghai Disneyland Park. "It is too close to our park. I think competition will be extremely intense in the short term", he said.

It is estimated that at least 70% of the 2500 theme parks in China suffer from deficit. Nevertheless, experts consider that less than 60 of them can be called theme parks and most of them make profits with the help of real estate. Beijing plans to place a ban on the proliferation of new theme parks and new projects exceeding a specific scale have been prohibited since last year. However, it is very easy for developers and local governments to get away from the restrictions.

From http://msn.huanqiu.com  July 6, 2012  08:52    Global Times