A groundbreaking ceremony was held for Wanda's latest project, the Jingkai Wanda Plaza, on March 3 in Dalian. Attending the ceremony were senior government officials including Provincial Committee Member and Party Secretary of Dalian,Tang Jun; Party Committee Secretary of Dalian New District, Xu Changyuan; as well as Chairman of Dalian Wanda Group, Wang Jianlin and other distinguished VIP's. Jingkai is the company's second Wanda Plaza project in Dalian and is set to become a new urban center for Jingkai New City, as well as a cornerstone project for the city of Dalian.

The development will include a large shopping mall, a fi🅰ve-star Wanda Realm hotel, a commercial pedestrian street, Grade A office buildings and soho luxury apartments. The shopping mall 💮and hotel are both scheduled to open in August 2015, creating close to 10,000 jobs and generating billions in annual tax revenue.