The Walt Disney Company is reportedly preparing to unveil plans for an entirely new theme park in Shanghai, according to a report from Inc. The move comes as Shanghai Disney Resort celebrates its 10th anniversary, marking a decade of operations at its first Chinese park.
The new park is expected to draw inspiration from Avatar and other major Disney film franchises, though specific details about the attractions remain scarce. The report did not specify a timeline for the announcement or construction, nor did it disclose estimated costs or capacity figures.
This expansion underscores Disney's bet on the Chinese market, where competition has intensified with the rise of local players like Chimelong Group and international rival Universal Studios. Shanghai Disney, a joint venture with Shanghai Shendi Group, has been a key growth driver for the company since opening in 2016.
If confirmed, a second Shanghai park would signal Disney's long-term commitment to the region, even as geopolitical tensions and regulatory hurdles challenge foreign theme park operators. Such a project could also test consumer demand in a market still recovering from post-pandemic slowdowns.
Industry observers note that Disney's willingness to double down in China contrasts with its more guarded stance in other regions, where some expansion plans have faced delays or scrutiny. However, the company has not officially commented on the report.