Disney (DIS) CEO Bob Iger met with Chinese Vice Premier Ding Xuexiang in Beijing on Friday and said the entertainment conglomerate will continue to expand its investment in China.
Iger said Disney (DIS) is confident in China’s development and will better promote exchanges and cooperation between the U.S. and China, state-run Xinhua News Agency reported.
Ding called on enterprises from all countries, including Disney (DIS), to continue investing and deepening their presence in China.
Notably, Beijing only allows a limited number of foreign films into the country annually, and Hollywood films are capped at 10 a year.
Disney (DIS) opened Shanghai Disneyland in 2016, and Iger’s visit to China may fuel speculation that the company could be weighing opening another theme park in the country.