Shanghai Disneyland plans to expand the scope of the prospect of the FTA

With the full launch of the Shanghai Disneyland theme park, the Disney side is expected to be ready for expansion based on strong future demand. December 10, Disney Chief financial Officer Jayrasulo revealed that the Shanghai theme park will not be completed by the end of 2015, the Company believes to speed up its size to meet the expected strong demand. Disney and its partners are keen to speed up the pace of expansion. Powerhouse Consulting CEO Wei Changren to the "Daily economic news" reporter analysis that Shanghai Disneyland has not opened to announce the expansion, is undoubtedly the establishment of the Shanghai Free Trade Area and follow-up development prospects. Rasulo points out that although Shanghai Disneyland has been designed to have a high number of admissions, the company now estimates that after the opening of the park, the number of visitors may be second only to Tokyo Disneyland 28 million people, as the number of Disney admission to the highest park. It is understood that the expansion of the Disney Hong Kong Park was revealed as early as October this year, before Disney's comments on the expansion were made. October 9, Hong Kong Disneyland announced the new Iron Man theme area expansion plan. The financial performance of the Hong Kong Disneyland has been hampered by the size of the park and the competition from local amusement parks, and Disney has found new profit points by expanding its park. Since 2011, Hong Kong Disneyland has spent $465 million for expansion. The new project has indeed played a role in attracting tourists, in the 2012 fiscal year, the number of Hong Kong Disneyland visitors increased by 13%, to 6.73 million people, of which mainly mainland tourists, up to 3 million, accounting for 45%, Hong Kong residents of 33%, the remaining 22% for international tourists. Rasulo pointed out that the Hong Kong Disneyland business is in a period of rapid growth after investing in new projects. Disney insists that the two parks in China will attract different populations, similar to their parks in Florida and California. Disney has revealed that Shanghai Disneyland now covers an area of 1000 hectares, after the United States and Paris, Florida and France, is the third largest theme park Disney. It is reported that the United States Disney holds 43% stake in Shanghai Disneyland. Based on the current 4.4 billion dollar investment in the Shanghai Disneyland Project, US Disneyland expects capital spending to be 1 billion dollars higher next year. Wei Changren pointed out that "Disney as the core area of the Shanghai International Tourist resort is expected to pry into hundreds of billions of industrial development." In addition to the Disney Core project, the resort development and investment projects, the surrounding hotels, shopping, catering, transportation, real estate, culture and other sectors will be significantly driven. Related performing arts, security services, consumer goods industry, etc. are expected to benefit. "Jinjiang Star related to the daily economic news," the reporter pointed out that Jinjiang star will be in the vicinity of Disneyland to open a budget hotel, the site is tentatively located outside the Shanghai International Tourist resort, if the resort has a suitable price of the property will also be considered, the hotel will be located in the vicinity of the rail hub The distance from Shanghai International Tourist Resort is within the range of taxi starting price.