VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
The Chengdu People’s Government recently published “Policies and Measures on Building a World-Renowned Sports City and Advancing the Development of the Sports Industry”, which will be put into effect on January 1, 2020.
The major goal of the policies and measures is to create a better-structured sports industry that will enjoy functioning business activities, rich sports product supplies and strong sports consumption. By 2025, the Chengdu Government aims to cultivate 3 home-grown publicly listed sports companies, at least 10 national level sports industrial bases, 20 provincial level and 50 city level sports industry demonstration projects, with the total value of the sports industry in Chengdu worth RMB150 billion.
The policies and measures detail the tasks that will serve to accomplish those goals, including the following:
●Optimizing the structure of the sports industry.
●Promoting the clustering of sports industry projects.
●Improving public services in the sports industry.
The government will also develop a better funding system that ensures not only dedicated funds from the government, but the use of social capital to grow the sports industry. The government will also provide policy support for the development of professional sports clubs, the integration of the sports industry with other industries, tax benefits, as well as the availability of land and talent.
Reference: Chengdu Government
Proofread by Raymond Fitzpatrick
Related coverage
The World Universiade 2021 Reaches strategic partnership with the China Media Group
21 Aug 2020
Chairman of Wanda: Good news for Chinese football!
24 Jun 2015
New anti-doping rules unveiled in China
11 Dec 2014
Chinese sports industry reached new heights in 2014
29 Dec 2015
LED manufacturer Ledman approaches sports sector
29 Aug 2015
More from Yutang Sports
SportAccord Bronze Partners Make Their Mark on Global Stage
08 Mar 2024
France’s Golden Decade of Sport
14 Jun 2023
SportAccord announces first speakers - World Sport & Business Summit 2024
06 Dec 2023
Yutang Sports Appointed as the Official Media Partner of the Future of Sport
14 Jun 2023
Reasons why Leading Gold Partner Sport Event Denmark returns to SportAccord every year
08 Feb 2024
Yutang Sports
loading...