by CNNGo staff
Changyu (张裕), one of China's major winemakers, is planning to build an “international wine city” in Yantai, Shandong Province, reported Chinanews.com (in simplified Chinese only).
Dubbed “Yantai Changyu International Wine City,” the project is expected to cover an area of four square kilometers -- twice the size of Monaco -- and cost RMB 6 billion (US$945 million) to build.
The plan was uncorked by Changyu’s general manager Zhou Hongjiang (周洪江) during the company’s 120th anniversary gala.
The new venture is also expected to launch China’s first 5A-class scenic spot in wine tourism as, according to Zhou, the "winetropolis" will include a 200,000-square-meter wine-themed tourist town.
The wine city is due to be completed in 2016 but the company is yet to announce when the project will break ground.
read moreSource: http://rss.cnngo.com/~r/cnngo/~3/iYHymOulzAM/chinese-wine-company-build-wine-city-shandong-188381
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