Village Roadshow Pictures Asia and China’s Heyi Pictures will co-produce and co-finance Jackie Chan’s sci-fi epic Bleeding Steel. The pic is expected to be the biggest budget Chinese film to shoot in Australia. Leo Zhang (Chrysanthemum to the Beast) writes and directs. The news was announced today at the Shanghai Film Festival.

Chan leads the all-star cast about a veteran special forces agent who protects a young woman with whom he feels a bond from a ruthless gang. The film will start shooting in July in Sydney. Chan is a real globalist when it comes to staging productions. Last year, he shot Kung Fu Yoga in Dubai.

“We are thrilled to be working with Heyi Pictures on Bleeding Steel,” said Ellen Eliasoph, President and CEO of Village Roadshow Pictures Asia. “Given Village Roadshow’s deep roots in Australia, the film’s concept resonates strongly with us; and naturally we are thrilled to be a part of a Jackie Chan production.”

Heyi Pictures is the film production company of Youku Tudou, the Chinese online video company, acquired by Jack Ma’s e-commerce titan Alibaba Group last year for $4.8 billion.