China’s very first Universal theme park was authorized by the country’s government and is scheduled to open its first phase in 2019.

Universal Beijing, which will be developed by a partnership amongst Beijing Shouhuan Cultural Tourism Investment Co. and Universal Parks &amp Resorts, will cost about $ 3.27 billion to build.

Its initial phase will occupy 300 acres close to the Beijing-Harbin Expressway, whilst the park will expand to 1,000 acres.

Universal operates theme parks in Los Angeles and Orlando, and licenses parks in Osaka and Singapore.

The firm was acquired by Comcast last year.

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