Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
The 2016 Boao Forum For Asia held the first ever sub-forum focusing on sport over the last 15 years.
The Sports Sub-forum, held yesterday (24 March) highlighted the rising sports industry in China. A list of well-known figures were in attendance,including CMC President Li Ruigang and former NBA star Yao Ming, the owner of CBA club Shanghai Sharks.
"We have to change our traditional view on sportin China. Previously it was powered by only one engine and now we have four, so that's a much more complicated system," said Yao Ming.
"Eight billion is just a start," said CMC President Li Ruigang. "There are so many things for us to do in the future. There has to be a healthy system behind it."
"We learned a lot fromthe NBA,so we have gained more experienceand we are looking forward to a bigger stage," said Tencent VP Chen Juhong.
Source: Xinhua
Proofread by John Devlin.
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
Related coverage
Alisports: in the fast lane to bid for great development in Chinese sports
11 Apr 2016
Sports topics at the “Two Sessions”: What have delegates at the NPC and members of CPPCC said?
08 Mar 2018
Why are Chinese conglomerates rushing into the sports industry?
30 Nov 2015
Li Ning announced a third equity fundraising
22 Dec 2014
Le Sports raises RMB8bn in Series B fundraising
28 Mar 2016
More from Yutang Sports
Discover the SportAccord Summit sessions!
31 Jan 2024
Meet the world-class speakers on SportAccord’s Plenary sessions
23 Feb 2024
Reasons why Leading Gold Partner Sport Event Denmark returns to SportAccord every year
08 Feb 2024
Interview with Yiannis Exarchos: to narrate Olympic story in new ways and promote positive values
01 Jul 2024
SportAccord Welcomes Return of Principal Media Partner Yutang Sports
01 Feb 2024
Yutang Sports
loading...