Wanda Chairman Wang Jianlin makes a speech at the opening ceremony.

Dalian Vice-Mayor Qu Xiaofei addresses the opening ceremony.

Secretary of the Party Working Committee of Dalian Hi-tech Zone Dong Chengfa addresses the opening ceremony.

Wanda Group donated one million yuan to Dalian Charity Foundation to help children living in poverty.

The panorama of the Dalian Hi-tech Zone Wanda Plaza.

The panorama of the Dalian Hi-tech Zone Wanda Plaza.

Wanda Group held a grand opening ceremony for its new Wanda plaza in Dalian Hi-tech Zone, Liaoning Province on May 25, 2013.

As Wanda’s first plaza opened to business this year and its 68th across China, the Dalian Hi-tech Zone Wanda Plaza is the third-generation Wanda plaza which has the most advanced facilities among all plazas ever built by the group.

It comprises a large commercial center, pedestrian streets and apartments, integrating functions of shopping, dining, cultural experiences and entertainment into a single entity.

Dalian municipal government officials including the Dalian Party Secretary Tang Jun, Director of Dalian People's Congress Li Jingrui, Dalian municipal political advisor Xiao Shengfeng and Vice-Mayor Qu Xiaofei, as well as Wanda Group Chairman Wang Jianlin, attended the opening ceremony.

"Wanda Group started in Dalian and has become a name card of the city. Dalian is proud to have fostered such a leading enterprise and will provide constant support to its development in the city," said Vice-Mayor Qu Xiaofei while addressing the opening ceremony.

The plaza attracted a bunch of well-known brands, including Wanda Cinema, Dagexing KTV, China Resource Vanguard and Whytewoolf Fitness Club.

The plaza is the first large shopping center in western Dalian and is expected to become a downtown area in the Dalian Hi-tech Zone.

The plaza will provide nearly 10,000 job opportunities and hand in a large amount of tax to local government every year.

At the opening ceremony, Wanda Group also donated one million yuan to Dalian Charity Foundation to help children living in poverty.

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About Wanda Group:

The Dalian Wanda Group was founded in 1988 and operates in four major industries, including commercial properties, luxury hotels, culture & tourism, and department store chain. The company has assets of 300 billion yuan ($48 billion) and an annual income of 141.7 billion yuan ($23 billion), and pays 20.2 billion yuan ($3.2 billion) in taxes every year. The company now operates 68 Wanda Plazas, 38 five-star hotels, 6,000 cinema screens, 57 department stores and 63 karaoke outlets across the country. By 2015, the company aims to increase its assets to 400 billion yuan ($64.8 billion) and annual income to 250 billion yuan ($40.5 billion), and pay 30 billion yuan ($4.8 billion) in taxes every year, becoming a world-class enterprise.