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China's ‘Netflix' iQiyi is set to open a theme park with virtual reality based on its own shows

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" iQiyi Land " is set to open in the city of Yangzhou in Jiangsu province.

Legoland is opening its first China resort in Shanghai this summer .

Warner Bros. Discovery last month announced it is opening a " Harry Potter Studio Tour " in the same city.

Mainland China 's theme park revenue is forecast to exceed 480 billion yuan ( $67 billion ) this year .