VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
On July 2nd, the government of Yangpu District, Shanghai city released a new policy consisting of 23 provisions aimed at helping eSports grow in the district. Companies that meet certain criteria will enjoy many benefits, including office space subsidies, operational assistances, IPO incentives, talent recruitment subsidies and better administrative services.
The policy applies to companies and organizations that are registered in the Yangpu district, and are independent legal entities. They must have a good credit record and operate in the eSports industry to qualify for the beneficial policy.
Specifically, eSports companies that are registered in Yangpu District and meet certain conditions will enjoy subsidies for owning or renting a property for their own business use. If such a company is successfully listed, they will enjoy an incentive of up to RMB 3.5m. Top talents hired by these companies will be allowed to live in specially arranged apartment buildings in the district, and enjoy benefits in obtaining residence permits, exit-entry permissions and hospital services. The administrative workflow will also be greatly simplified so that company representatives do not need to embark on as many trips to get paperwork done.
To summarize, the policy plans to foster an efficient, regulated, and fair eSports market in Yangpu District.
Reference: Tencent
Proofread by Raymond Fitzpatrick
Future of Sport: a resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023 12:27
Related coverage
Logitech G Reaches Strategic partnership with Bilibili Esports
17 Aug 2020
Lanxiang Vocational School to recruit eSports professionals
07 Feb 2018
CGAS and EAHK to host eSports championships in Hong Kong
07 Dec 2017
Xinhua News Agency to organize eSports event
14 Jul 2017
Ali Sports to launch luxurious e-sports event
31 Mar 2016
More from Yutang Sports
Discover the SportAccord Summit sessions!
31 Jan 2024
SportAccord scores Summit touchdown with NFL
18 Jan 2024
Registration open - SportAccord World Sport & Business Summit
18 Dec 2023
SportAccord 2024 - combating online abuse ‘chance for sport to show its power’
22 Mar 2024
Interview with Nicolas Maurer: Becoming Mainstream and at the Forefront of French Esports Industry
04 Oct 2023
Yutang Sports
loading...