"Dalian Wanda Group, owned by China's richest man, Wang Jianlin, unveiled a plan on Sunday to build the world's biggest film studio in the eastern coastal city of Qingdao. The property and entertainment conglomerate intends to invest 30 billion yuan (almost $5 billion) in the Qingdao Oriental Movie Metropolis, which will consist of 20 studios including one - which Wanda says will be the world''s largest - of 10,000 square meters and a permanent underwater stage." (Quoted from article)