Who you meet at SportAccord And Why it Matters
22 Jan 2026 10:48

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.
Related coverage
CMC and Ti’ao Power eyeing on college soccer league
15 Oct 2015
25 Oct 2015
Weekly Report: World Snooker Championship dominates viewership on CCTV 5
04 May 2016
Alisports is making a revolution in smart stadium market
02 Jun 2016
Chinese pro sports market to reach $242 billion by 2025
21 Jun 2016
More from Yutang Sports
Who you meet at SportAccord And Why it Matters
22 Jan 2026
A Diverse Iine-up of Exhibitors Joins the SportAccord Convention
28 Jan 2026
SportAccord Convention 2026: Event Schedule taking shape in Baku
05 Feb 2026
When New tournaments Meets New Tech, the Old Friend of Football Has New Stories
14 Jul 2025
Sport Event Denmark confirmed as Partner for SportAccord Convention in Baku
03 Mar 2026
Yutang Sports
Chinese website
loading...