Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
August 8: Lander Sports announced that it has reached a strategic agreement with Yiwu city government of Zhejiang Province.
This agreement will see the two sides integrate Yiwu’s sports resources with Lander’s operation skills of sports eco-systems, to promote the sustainable development of the city’s sports industry.
Their aim is to stimulate sports spending and grow a diversified sports business in Yiwu.
The pair is also looking to create platforms for introducing mass participation events and competitive sports. Lander Sports is expected to make an RMB 4 billion investment to build up a 741-acre sports town, which will include businesses like youth training, entertainment, manufacturing, e-sports camps and recuperation, according to an official statement.
The sports company will invest extra RMB 2 billion to set up serveral public fitness centers, each covering 5 acres to 13 acres.
At the same time, Lander Sports is seeking to turn Yiwu into a city of sports, leisure and entertainment by rebuilding the city’s current cultural and sports facilities.
Source: news.winshang.com
Proofread by William Logsdon
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
Related coverage
Schalke 04 to open offices in China and US
26 Jan 2016
Vivo reportedly partners with NBA China
04 Jul 2016
Caipital Airlines to partner China National Badminton Team
21 Jan 2016
BoYang Investment to partner with Sabadell CE
07 Dec 2015
Yili Group becomes official dairy partner of Beijing 2022
30 Aug 2017
More from Yutang Sports
SportAccord's interview with Sarah Gregorius: proactive actions are necessary to tackle online abuse
28 Apr 2024
Meet the world-class speakers on SportAccord’s Plenary sessions
23 Feb 2024
SportAccord 2024 makes a memorable return to Birmingham
13 Apr 2024
Expert insight | New changes on UEFA EUROs: growing maturity of Hisense and other Chinese brands
22 Jul 2024
SPORTACCORD 2024 INSIGHTS: Sport’s Perfect Storm
23 May 2024
Yutang Sports
loading...