People Daily Online:
The Shanghai municipal government plans to sign an agreement with the Walt Disney Company on Friday to lay out the specific structure of the joint venture for the planned Disneyland Park in Shanghai, in line with market speculations.
The municipal government's spokesperson and Walt Disney could not be immediately reached for comment. The Shanghai Disneyland, which will take up 116 hectares and will be co-invested by Chinese and US companies, was approved by the State Council in November 2009 and is expected to be completed by 2014.