'Wanda City' is positioned as a distinct homegrown rival to Disney's Shanghai theme park set to launch on June 16.
The Chinese theme park is a $3 billion venture unveiled in the southeasten provincial capital of Nanchung.
It includes an $800 million China-themed park, shopping malls, cinemas, restaurants, hotels and the world's largest ocean park.
Launch of new Theme Parks
DreamWorks Animation has a $2.4 billion DreamCenter park scheduled for 2017 in Shanghai.
China's Haichang Ocean Park Holdings plans to open China's largest marine park next year.
Six Flags Entertainment will open a park on the mainland, its first outside North America, in 2019.
After it has invested in training, there are chances that Disney might lose its talent to its competitors.
Industry consultant Aecom forecasts that 59 more theme parks will open in China by 2020, serving an estimated 220 million park-goers annually. That's roughly the current size of the entire U.S. market.