The CLK Group from Netherlands will invest $176 million in Lushunkou, Dalian to build a ice and snow resort.
The resort, covering 10,000 square meters, will present visitors with an indoor ice and snow world combining sports, leisure, entertainment and culture.
The cooperation agreement was signed between Lushunkou district and the CLK Group during the 2017 Summer Davos, held in the northeast Chinese city of Dalian from 27-29, June.
25 projects concerning many industries such as new energy, IT, tourism and finance were signed into agreement during the meeting, backed by investors from 12 countries and regions, including the US, Japan and Hong Kong.