• Disney opens massive theme park in Shanghai

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    SHANGHAI: Entertainment giant Disney opened a massive theme park in Shanghai on Thursday, hoping to win over communist-ruled China’s growing middle class with the ultimate American cultural export.

    Thousands of people streamed through the Magic Kingdom’s doors, opened 30 minutes early, with some sprinting through the rain-drenched park in hope of being the first to ride attractions such as a futuristic rollercoaster based on the “Tron” science fiction films.

    The opening comes after tragedy struck Disney’s resort in the US state of Florida, where an alligator killed a two-year-old child at the shore of a lake in the massive complex.

    Walt Disney World said it had shut down all of its Florida resort beaches and marinas out of precaution after the incident.

    The Shanghai resort is the US entertainment giant’s sixth in the world and the first in mainland China—there is already one in Hong Kong.

    Workers broke ground on the project in 2011 and the Shanghai Disney Resort now sprawls over 3.9 square kilometers (1.5 square miles) on the city’s outskirts, with a fairy-tale castle soaring over the horizon.

    But the launch of the $5.5-billion resort, representing one of the biggest ever foreign investments in China, comes as growth in the world’s second largest economy slumps to its lowest level in a quarter century.

    Still, the world’s most populous country is simply too big to ignore, Disney chairman and chief executive Bob Iger said.

    “We wanted to make a strong statement. After all, this is the largest market in the world,” he told journalists before the park opened.

    Iger himself viewed the present site for the project, which is a cooperative venture with state-backed Shanghai Shendi Group, in 1999.

    Speaking at an opening ceremony, he said: “This is one of the most exciting moments in the history of the Walt Disney Co.”

    Despite the economic slowdown, some changes over the past five years are in Disney’s favor: the government’s shift towards encouraging domestic consumption as the new driver of growth and relaxation of the strict “one child” family planning policy.

    Disney hopes people who have seen its movies will visit the park, buy branded merchandise and later discover more of its vast entertainment catalogue with characters from Mickey Mouse to “Zootopia” film bunny Judy Hopps.

    It calculates there are 330 million people living within a three-hour journey of Shanghai who are potential visitors.

    Restaurant owner Guan Song brought his six-year-old daughter and wife from the eastern province of Shandong.

    The family plans to spend two days at the resort and Guan had carefully plotted a schedule on his smartphone, including seeing a performance of the Chinese-language version of “The Lion King.”

    “We have always wanted to go to a Disney park, but [mainland]China did not have one,” he told Agence France-Presse. “The ticket prices are around the same as overseas.”

    ‘China’s Disneyland’
    Disney has set the entrance fee at 499 yuan ($76) during peak periods and 370 yuan ($56) for other times, in a country where the average monthly disposable income is just $278.

    More than 600,000 people have already visited the park since the soft opening in early May, according to the company, taking photos with Captain America and seeing a performance based on the movie “Frozen” among the many draws.

    But there is competition for tourist cash as China builds more theme parks than any other country in the world.

    One Chinese academic believes it could still take years for the Shanghai Disney park to be profitable.

    “It will take around 10 years for the Shanghai park to make profits overall,” said He Jianmin of the Shanghai University of Finance and Economics.

    Disney has also had to fend off accusations of cultural imperialism. Days before Shanghai Disney opened, Chinese tycoon Wang Jianlin, who is developing his own entertainment properties, accused the US company of a cultural invasion.

    But Disney denies the allegation, saying its philosophy is to integrate local elements throughout, from the first Chinese-language production of “The Lion King,” to the food and the attractions—even the Disney castle is topped with a traditional peony flower.

    The massive store inside the park is selling Minnie Mouse in traditional Chinese dress, as well as a doll evoking 1920s Shanghai glamour.

    “We didn’t just build Disneyland in China, we built China’s Disneyland,” said Iger.
    AFP

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