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Walt Disney and Shanghai government have formally agreed to open up a Disney theme park in China's commercial capital.

Just days after the World Expo was closed, they agreed on plans for a joint venture(合资企业)to manage the project, expected to cover nearly eight square miles for the entire resort(度假胜地), the city government said in a statement. The cost is reportedly estimated at 25 billion yuan.

Plans call for the theme park to be a “strong international tourism resort” with a pleasant, low-carbon environment, the city said.A joint venture between local companies and Disney will be responsible for construction, management and operation of the Disney theme park,it said.

Some villagers were long ago moved off farmland in Chuansha, a part of Pudong district near the city's main international airport,to make way for the park.

Disney issued a statement confirming its discussions with the Shanghai government, saying, “We can confirm the statement from the Shanghai government that we have taken another step forward in the approval process.”

But the company said it was still awaiting final approval of the joint venture by the central government and completion of necessary procedures.

The six­month­long World Expo,which ended on Sunday,drew a record of 72 million visitors,mostly Chinese tourists.That event made it necessary for the city to build nearly a dozen new subway lines,new highways,airport upgrades and other modern facilities.

With the Disneyland project due to start,the city appears likely to continue its building boom(激增).

The agreement on Friday came exactly a year after China's national planning agency approved the plans for the park­­a major step toward getting the project started.

The park will give Shanghai,the mainland's main financial and commercial centre,a new showcase.While the city is one of China's most modern and wealthy cities,it has relatively few big historic landmarks compared with ancient capitals like Beijing and Xi'an.

Disney has said the Shanghai resort will include a “Magic­Kingdom­style theme park with characteristics tailored to the Shanghai region.”

Disney has been expanding its presence in mainland China after opening a theme park in Hong Kong in 2005.That venue, which has suffered from disappointing attendance,is in the midst of Disney’s expansion as it intends to compete with the future theme park in Shanghai.

1.What do we know about the Disneyland project to be built in Shanghai?

A.The cost is more than 25 billion yuan.

B.The design is environmentally friendly.

C.It will be built by Walt Disney Company.

D.It is as large as the World Expo Garden in area.

2.What can we learn from Disney's statement?

A.The construction of the theme park is in process.

B.They need approval from the central government.

C.The joint venture has completed necessary procedures.

D.Disney didn't think their discussions with the Shanghai government was helpful.

3.We can infer from the last paragraph that________.

A.visitors often go to Hong Kong Disneyland these days because of its expansion

B.the Shanghai theme park should learn from Hong Kong's

C.Hong Kong Disneyland will face more challenges

D.Hong Kong Disneyland is well managed

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