Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024 16:40
The General Administration of Sport of China (GASC) has signed a cooperation deal respectively with the Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, China Insurance Investment Co., Ltd and China Tourism Investment Co., Ltd.
Under their deals, the six financial institutes will provide support with sports projects, fitness and leisure facilities, sports industry parks, sports towns, sports complexes, sports events and activities. During China’s 13th Five-year Plan, the four commercial banks will offer an 800-billion-yuan line of credit.
At the same time, the GASC also launched the China Sports Industry Alliance at the news conference, with the goal of setting up an interactive platform for sports professionals from governments, universities and research institutes.
Zhao Yong, deputy head of the GASC, was named the president of the council of the Alliance.
The news conference was held January 13, 2018, and was also attended by officers from local governments and executives from sports companies.
Source: Sohu
Proofread by William Logsdon
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025 14:05
Related coverage
Over 30 Chinese cities have formed ice hockey teams
07 May 2018
Red Bull Names the Official Partner of Chinese Athletics Association
23 Oct 2020
CITIC Guoan Group support Freestyle Skiing Aerials and Snowboard Halfpipe National Teams
29 Mar 2018
Finnish brand ONE WAY to support seven Chinese winter sports teams at Beijing 2022
07 Aug 2018
General Administration of Sport of China publishes National Fitness Guide
18 Jul 2018
More from Yutang Sports
When New tournaments Meets New Tech, the Old Friend of Football Has New Stories
14 Jul 2025
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025
A turning point for global sport: IBA President Umar Kremlev and Donald Trump Jr join forces
30 Sep 2025
SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
Yutang Sports
loading...