30 Young Sports Makers selected to shake up the future of sport at Global Sports Week 2021
27 Nov 2020 10:57
The China Sports Marketing Forum (CSMF) has established a new sports industry development center in China’s Jiangsu Province on Aug 22, Saturday. It is one of a few centers which shares the same name – Sizhong Space.
These Sizhong Spaces CSMF is focusing on has become a popular phenomenon in China in the recent times, as many organizations aim to seize this industry opportunity which is backed by the central government. The National Stadium in Beijing has also established a similar kind of sports center to assist with companies that want to develop in the industry.
In the first half of 2015, the tenth anniversary event of CSMF was held in Nanjing, Jiangsu Province. The forum focuses on sports marketing and sports sponsorship services. According to the organization's website, its leaders come from top Chinese organizations, such as Chinese Olympic Committee, CNTV, Peking Universtiy, Xinhua News Agency.
The CSMF has been developing these sports industry development centers around the country on the back of China’s strategy to focus on the growth of the sports industry. There are now five such centers now located in Beijing, Taiyuan, Shenyang, Yunnan, and Jiangsu respectively.
CSMF is going to build 12 Sizhong Spaces around the country, covering major provinces in China by the end of this year.
On July 7, a signing ceremony between Kaixing Capital and CSMF was held in SOHO in Beijing, where Kaixing Capital invested in Sizhong Space.
Source: sports.gmw.cn.
Proofread by Raymond Fitzpatrick.
30 Young Sports Makers selected to shake up the future of sport at Global Sports Week 2021
27 Nov 2020 10:57
Related coverage
$7m investment for former Chinese e-game player
27 Apr 2016
Capitals increased for Evergrande FC
25 Jun 2015
First Sports raises 80-million-yuan Series A financing
17 Oct 2017
Parent company of BioSteel complete Pre-A financing
30 May 2016
3 billion yuan to invest to build international billiards center
03 Feb 2015
More from Yutang Sports
Birmingham is embracing a bright future supported by extraordinary sporting legacy
17 Apr 2024
Interview with Nicolas Maurer: Becoming Mainstream and at the Forefront of French Esports Industry
04 Oct 2023
IWGA to confirm the World Games host
11 Apr 2024
SportAccord's Interview with Gillian Sanders: Challenges for women in sport
26 Apr 2024
SportAccord’s conversation with FEI President Ingmar De Vos: Equestrian sport’s road to Versailles
22 Apr 2024
Yutang Sports
loading...