Catherine Zeta-Jones skips Emmys for Qingdao Oriental Movie Metropolis red carpet
The 1.5-square-mile complex is backed by Wang Jianlin, China's wealthiest citizen, who also bought AMC Entertainment Holdings in 2012. His new venture will boast studios, production facilities and theme parks. He's hoping it will become one of the premiere spots for movie stars and tourists, rivaling Disney and the Cannes Film Festival, reports CNN.
The project will cost upwards of $8 billion and will feature 20 movie studios, including the world's only fixed underwater studio. It is hoping to host an international film festival in 2016.
Also among the A-list stars walking the red carpet for the launch of the Oriental Movie Metropolis were Kate Beckinsale, Leonard DiCaprio and Nicole Kidman, all pictured below.