Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024 16:40
Collaboration between financial industry and sports industry started to draw people’s attention as the Chinese government released the design for the sports industry a while ago, setting the goal to be an over-5-trillion-yuan industry by 2025.
At a recent summit of sports industry, Yang Wenshuo, Internet analysts of Essence Securities, expressed that there is clear disadvantages in terms of service sector of the sports industry. This is a development opportunity under the reform.
As the government provides more policy supports and allows more system innovations to the industry, capitals from various fields started to show interests in the field. Last June, Alibaba invested 1.2 billion yuan into Guangzhou Evergrande FC, to own 50 percent of Evergrande’s stakes.
Major banks are also planning to invest in this field. General Manager of investment department of China Minsheng Bank said that the sport industry was an industry larger than what was imagined and contained very wide areas; therefore, financial organizations would be sure to be involved.
Among this investment trend, crowd-funding is regarded as a proper solution, according to an industry expert. Crowd-funding could help accumulate funds and resources in a quick manner and avoid risks in investments. It could gather investing organizations, public-listed companies, and industry professionals, to enable growth with the company and to offer more diverse advices.
According to online information, in 2014, the market of sports sponsorship in Asia Pacific increased 15.4%, while the global market increased 13.2%. There is still investing space.
Source: STCN
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025 14:05
Related coverage
Growing middle class draw investors into China's sports industry
17 Aug 2015
Baofeng complete first round of financing
22 Sep 2016
AC Milan and China are perfect match for each other
20 Apr 2015
Overseas Chinese Town to invest RMB797m in Chengdu Sports Industry
18 Dec 2015
Mediarex Sports raises $4.9M to develop Chinese market
15 Jul 2015
More from Yutang Sports
Yutang Sports
loading...