Wanda Group, the Chinese multinational property developer and owner of Wanda cinemas and the Hoyts Group, has signed an investment agreement with the district government of Jizhou, Tianjin.

In a recent visit to the Jizhou district, Jianlin Wang, chairman of Wanda Group, signed a cultural tourism investment agreement that will involve a number of city complex projects.

On the signing ceremony, Wang introduced the Wanda Group’s cultural tourism and sports industry developments of recent years.

The chairman praised the Jizhou district for its rich cultural tourism resources and solid business environment.

Wanda Group promises to become involved in the construction and development of Jizhou and to play a role in contributing to the city’s cultural tourism industry through the development of tourism, sports, film, television and the hotel sector.

The agreement, which was signed by Bai Xuefeng, senior president assistant and GM of Wanda Group, and Li Jian, deputy head of Tianjin Jizhou District, is known as the ‘Investment Cooperation Agreement for Wanda Cultural Tourism and Urban Complex Project in Jizhou District of Tianjin.’

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