People who engage in aerial photography at the Shanghai Disney Resort without prior approval may be slapped with fines up to 30,000 yuan ($4,500), according to the latest regulations issued by the administrative committee of Shanghai International Tourism and Resorts Zone. The new policy is said to be a reactive measure against similar problems that occurred during the trial operation period of the Shanghai International Tourism and Resorts Zone, which includes Shanghai Disney. In order to maintain a safe and clean environment, the committee has also prohibited illegal tour guides, swimming in public waters, ticket scalpers as well as vandalism.
DreamWorks Animation’s original musical Madagascar completed its China debut at Shanghai’s Majestic Theater on July 2. The musical, which is about the adventures of 10 animals from New York’s Central Park Zoo, is aimed at bringing a full Broadway experience to the audience in Shanghai by upgrading the choreography of the classic song I Like To Move It and incorporating different genres of music into the show. Madagascar has made more than $10 billion dollars worldwide since 2005.
With a history of more than 100 years, Zhongshan Park has since June 30 become the city’s first park to be opened round-the-clock, according to Labor Daily. To ensure the safety of visitors at night, the park installed 18 SOS devices along the main boulevard and security personnel can also monitor the 209,600-square-meter park through more than 300 surveillance cameras. Many residents in the area have welcomed the new opening hours and they have also urged the park management to adjust the business hours of shops and other facilities within the compound.
Reverse mortgage, a type of loan that allows a home owner to convert a part of his property into cash, is now official in Shanghai, with eight cases being notarized to date, according to Xinmin Evening News. The China Insurance Regulatory Commission had in 2014 named four pilot cities — Shanghai, Beijing, Wuhan ( Hubei province) and Guangzhou (Guangdong province) — to be a part of a reverse mortgage trial that will boost financial support for elderly people. As many as 77 people have bought similar insurance products in these four pilot cities as of March this year.
Jiemian, a digital news provider under Shanghai United Media Group, received more than 300 million yuan ($45 million) in its latest Series B financing which was led by Kunlun Trust Co Ltd, an arm of China National Petroleum Corp. The new investment will enable Jiemian to launch original videos and audio news as well as cover more sectors including education, health, tourism and gaming in the future, said Hua Wei, executive president of Jiemian. The company secured 90 million yuan in capital last September and it currently has a monthly viewership of about 90 million.