CCTV.com - CNTV English - CCTV News

Sub-anchor: Expection of Shanghai Disneyland

04-09-2011 10:48 BJT

Watch Video

Play Video

For more on the Shanghai Disneyland, we are joined by my colleague Zhang Bo, who has been doing some research.

Q1. How are other Disneylands operating right now?

A1. Well, it's a mixed picture. Over the past two years, some have reported profits. Some don't, mostly because of the world financial crisis. When your hands become tight, sight-seeing is no longer a priority.

So, "vacation" becomes "staycation" -- meaning, staying at home. Let's look at some parks for example. The first overseas Disneyland Park, reported a 40 percent net profit increase in 2009.

The Euro Disney, opened in 1992 in Paris received over 13 million visitors in 2009, making it the most visited theme park in Europe. Even so, it still posted a net loss of sixty-three million Euros.

The one in Hong Kong so far hasn't reported any profit yet. But, its annual loss is narrowing and the business is expected to turn profitable FAIRLY SOON, as visitor numbers rise and the park expands.

Q2. With many references in hand, what expectations do the authorities hold for the Shanghai Disneyland?

Well, understanding what it can bring to Shanghai or even the whole Chinese mainland is not the same as calculating its ticketing profits.

Although the undergoing theme park in Shanghai will only cover an area 1/26th of that in Orlando, this time, this Mickey mouse is well prepared to knock at the door of a country with 1.3 billion people, which suggests probably the hugest market in the world. Survey shows one dollar coming from the entrance fee may bring 8 dollars of extra consumption.

If that's the case, the Shanghai Disney theme park can boost related service industry as much as 5 million yuan, with 50 thousand local working opportunities, and 3 to 5 million more tourists to the locality every year. A lot of exciting numbers are there. Right?

So all in all, industries like tourism, hotel, restaurants, sightseeing, and public communication can all benefit a great deal with this mouse hopping in. And since we are talking about things in China, one thing that is most increasingly expensive would easily come to our mind--Skyrocketing property prices.Till now, the housing price of places around the park has already doubled. But again, it's all expectations. And we do see those unhappy stories. So good operation and patience, that's what we need. And finger crossed for this one.

 

 

Editor:Zhang Pengfei |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program