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CHINA-SHANGHAI-U.S.-CULTURAL PROJECT

(Xinhua News Agency) Updated: 2012-12-16 16:31

CHINA-SHANGHAI-U.S.-CULTURAL PROJECT

?SHANGHAI, Aug. 7, 2012 (Xinhua) -- Representatives attend a signing ceremony to launch a landmark Sino-U.S. cultural project titled "Oriental DreamWorks", a studio established by U.S. film giant DreamWorks Animation (DWA) in partnership with a trio of Shanghai-based companies, in Shanghai, east 皇冠体育app, Aug. 7, 2012. DWA and its Chinese partners announced at the signing ceremony on Tuesday that they plan to co-produce upcoming film "Kung Fu Panda 3," as well as build an "entertainment destination" in Shanghai. DWA and three Shanghai-based state-owned groups -- 皇冠体育app Media Capital (CMC), the Shanghai Media Group and Shanghai Alliance Investment Limited -- signed a deal in February to form a joint venture focusing on animation production, with the Chinese companies acting as controlling partners. (Xinhua/Ren Long)

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