We have received the news from the DJ HK PRESS (a Hong Kong newspaper) that Disney is planning on construction a new Disneyland in China! Read on for the full article.

DJ HK PRESS: Disney To Open Theme Park In Shanghai In 2012

HONG KONG (Dow Jones)–Walt Disney Co. (DIS) plans to open a Disney theme park in Shanghai in 2012, the Hong Kong Economic Times reports.

Citing sources, the report said Disney and the Shanghai government reached an agreement to begin construction of China’s second Disneyland in 2008, with a completion date of 2012.

The sources said the park will be four times bigger than Hong Kong’s Disneyland, scheduled to open September 12.

However, it is unclear whether the plan will receive regulatory approval from China’s central government, according to the newspaper.

The first group of Disney’s U.S.-based theme park designers and planners currently in Hong Kong will be moving to Shanghai for preparation of the park, which is expected to begin in mid-2006, the newspaper said.

Disney has said that the company won’t rule out the possibility of opening another theme park in China after 2010. “

Does this mean that there is a reason some fundamental attractions like Haunted Mansion and Star Tours in Disneyland Hong Kong were missing? We will keep you up to date as this evolves.