An intangible cultural heritage park project was launched on Dec 29. The park is scheduled to open in June in southwestern Shanghai's town of Fengjing and host foreign and domestic representative heritage items. Insiders believe the park is a cultural industrial cluster that will include tourism, performances, conventions and exhibitions, and the Internet of Things. Its sales volume is forecast to reach 1.5 billion yuan ($230 million) within two years.

(Source: China Daily)