The Kunming TV, Film and New Media Industry Base will be located near the tourist hotspot of Dianchi Lake. It will be jointly invested by Tong's company and the Dianchi National Tourist Resort.
A joint venture has been set up and has set aside three billion yuan (US$418 million) for the plant's first phase, which when completed will stretch over three square kilometers, Web site Sohu.com reported.
Tong, whose popular works include "The Myth" and "Police Story 3," is confident to develop the Chinese Hollywood.
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