PANDA PARADISE
The privately held Australian Chinese Theme Park Pty Ltd (ACTP), meanwhile, is hoping its development around 90 km (56 miles) northeast of Sydney becomes a major destination alongside the Opera House and the Harbour Bridge.
ACTP expects to submit a full development plan for the 15-hectare park within months and begin construction in the second half of next year. The park will be split into seven different cultural sections - including a panda-less "panda paradise", an educational 4D cinema and a waxworks museum for children.
Entry to the park will be free, with revenue derived from the scores of planned food outlets and other activities.
"It will show our culture in a creative way, this is not a copy," said ACTP Chairman Bruce Zhong, who bought the block of land from Wyong Council for A$10 million last year.
Financial backers include Shanghai Oriental Pearl International Communication Pty Ltd and Zhong said ACTP may look to list in the future.
Zhong and Eaton anticipate some local tourists but a glittery launch event in Shanghai last month showed Chinese travelers were the target.
"I would love to go, since it is about China," said Dai Miaohua, an office manager from Shanghai taking in the sights of Sydney's Circular Quay with his family. "I have always been interested in traditional buildings."
But not everybody is won over.
"I don't even like Chinatown," said the visiting Liu. "Why don't they build a Disneyland?"