Kaisa and Kaixing Capital Initiate Fund to Sports Industry
08 Sep 2016 17:26

Tianjin municipal government recently released Suggestions on the Implementation of Speeding up Sports Industry Development and Promoting Sports Consumption which stated that by 2025 the city would set up a sports industry system which would be complete in range; the total scale of the sports industry would amount to 100 billion RMB; the sports-for-all system would be built and people regularly taking exercises would account for 48 percent of the registered population of the city.
Four tasks were brought forward in the Suggestions. Firstly, reform system and speed up professional sports development. Secondly, improve sports infrastructure and draw investment in projects of sports training, exhibition competition, body building and recreation, etc. Thirdly, optimize layout and structure. Fourthly, create better environment for body building.
Source: Xinhuanet
Related coverage
Wanda Sports to host first Ironman event in China
28 Dec 2015
IMG ramps up its efforts on Chinese winter sports
07 Jan 2016
China Sports Industry Group announces 2016 annual results
28 Mar 2017
Lander Sports announced partnership with Huangshan
08 Oct 2015
Liaoning Province creates sports venture to drive sports sector development
01 Aug 2018
More from Yutang Sports
When New tournaments Meets New Tech, the Old Friend of Football Has New Stories
14 Jul 2025
Where to stay in Baku: the SportAccord 2026 Official Hotels
29 Jan 2026
Sport Event Denmark confirmed as Partner for SportAccord Convention in Baku
03 Mar 2026
A turning point for global sport: IBA President Umar Kremlev and Donald Trump Jr join forces
30 Sep 2025
“Connect & Cultivate”: a 24-hour Networking Ecosystem at SportAccord 2026
03 Mar 2026
Yutang Sports
Chinese website
loading...