China sports – Bizchina Update http://bizchina-update.com/ Sat, 27 Nov 2021 10:52:49 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://bizchina-update.com/wp-content/uploads/2021/10/icon-120x120.jpg China sports – Bizchina Update http://bizchina-update.com/ 32 32 Online Lottery Market Expected To Record Highest CAGR By 2028 https://bizchina-update.com/online-lottery-market-expected-to-record-highest-cagr-by-2028/ Thu, 25 Nov 2021 06:23:58 +0000 https://bizchina-update.com/online-lottery-market-expected-to-record-highest-cagr-by-2028/ “ Introduction and scope: The World Research Report Online lottery the industry is a compilation of all the details associated with every aspect of the industry. The Online Lottery market research study offers a detailed and comparative analysis of the industry. The research offers the past statistics of the market and also the current state […]]]>

Introduction and scope:

The World Research Report Online lottery the industry is a compilation of all the details associated with every aspect of the industry. The Online Lottery market research study offers a detailed and comparative analysis of the industry. The research offers the past statistics of the market and also the current state of the market. The market report includes actual market figures to substantiate the data provided. The market research also includes forecasting the condition or scope of the future market. The report provides a detailed study of the growth plans and strategies followed by the industry and market players. The market research also includes data on many factors influencing the growth of the online lottery industry. Global Online Lottery Market report extensively analyzes all industry dynamics.

The global online lottery market size is expected to reach millions of US dollars by 2028, compared to millions of US dollars in 2020, at a CAGR of% in 2021-2028.

Get a sample PDF copy of the report to understand the structure of the full report: (including full table of contents, list of tables and figures, graph): https://globalmarketvision.com/sample_request/127555

The major players in the online lottery market include:

China Sports Lottery, Hong Kong Jockey Club, Francaise des Jeux, Camelot Group, Loterias y Apuestas del Estado, Mizuho Bank Ltd, Singapore Pools, California Lottery, Florida Lottery, GTECH, New York State Lottery, INTRALOT, MDJS, Connecticut Lottery, Berjaya Sports Toto Berhad, Magnum, Minnesota State Lottery, Tennessee Education Lottery.

Segmentation analysis:

The report categorized the global online lottery industry into segments comprising product type and application. Each segment is evaluated based on growth rate and share. In addition, analysts have studied potential regions that could prove rewarding for online lottery makers in the years to come. The regional analysis includes reliable predictions on value and volume, thereby helping market players to acquire in-depth insights into the overall online lottery industry.

Market segment by type, covers:

Terminal games, scratch games, sports lotteries

Market segment by Application, can be divided into

The Loto, Quiz-type lottery, Numbers game, Instant scratch games, Other

The key factors that improve the development of key segments have been provided in this research report. An in-depth study of the competitive landscape of the global online lottery market has presented information on the company profiles, recent developments, financial position, mergers and acquisitions, and SWOT analysis. One of the most notable features of the Online Lottery Market report is the analysis of key users during the forecast period. This study will give a dynamic idea to its readers on inclusive market development to further decide this market project.

In terms of geography, this research report covers almost all major regions of the world such as North America, Europe, South America, Middle East, Africa and Asia Pacific . Europe and North America are expected to increase over the next few years. The Asia-Pacific online lottery market is expected to grow significantly during the forecast period. The latest technologies and innovations are the most important features of North America and the main reason the United States dominates the world market. The South American online lottery market is also expected to grow in the near future.

Reasons to buy the report:

  • This report provides insights into the global online lottery market along with the latest market trends and future forecast to illustrate future pockets of investment.
  • The potential of the global online lottery market is determined by understanding the effective trends to increase the company’s position in the market.
  • This market report provides information and detailed impact analysis on the major influencers, restraints and opportunities.
  • Five Porter’s strengths analyzes to demonstrate the strengths of suppliers and buyers.
  • The latest developments, market shares and strategies used by major market players

Following Aspects Are Presented With Complete Analysis Of Online Lottery Market Research Reports:

Production analysis – The start of this online lottery is reviewed based on the most important countries, types and applications. The price analysis of various major players in the online lottery market will be fully covered in this study.

Profit and sales analysis – The revenues and sales of key components of the international online lottery market are validated. Another important factor, price, which has a significant impact on sales growth, can be assessed in this section for many regions.

Segments and Benefits – Continuing the theme of profits, this article examines the design and ingestion of its online lottery marketplace. The differences between usage and procurement, export and import data are also highlighted in this research.

Many global online lottery industries – the main players have been assessed in this area based on their company profile, product portfolio, capabilities, prices, costs and revenues.

Other analysis – In addition to the above data, demand and supply analysis for the online lottery economy, contact details of major producers, suppliers and consumers can be assigned.

“The final report will add analysis of the impact of COVID-19 on this industry.”

Get the full report delivered to your inbox within 48 hours @ https://globalmarketvision.com/checkout/?currency=USD&type=single_user_license&report_id=127555

If you have any special requirements, please let us know and we will offer the report to you at a custom price.

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With our reports, you can make important tactical business decisions with the confidence that they are based on accurate and well-founded information. Our experts can allay any concerns or doubts about our accuracy and help you tell the difference between reliable and less reliable reports, reducing the risk of making decisions. We can make your decision-making process more precise and increase the likelihood of your goals succeeding.

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National Games assist in the development of China’s sports map https://bizchina-update.com/national-games-assist-in-the-development-of-chinas-sports-map-3/ Tue, 28 Sep 2021 07:00:00 +0000 https://bizchina-update.com/national-games-assist-in-the-development-of-chinas-sports-map-3/ The photo taken on Sept. 27, 2021 shows the closing ceremony of the 14th Chinese National Games in Xi’an, northwest China’s Shaanxi Province. [Photo/Xinhua] XI’AN – Su Bingtian of Guangdong Province clocked 9.95 seconds to win the men’s 100m final at the 14th National Games last Tuesday, but it took him 12 years to win […]]]>

The photo taken on Sept. 27, 2021 shows the closing ceremony of the 14th Chinese National Games in Xi’an, northwest China’s Shaanxi Province. [Photo/Xinhua]

XI’AN – Su Bingtian of Guangdong Province clocked 9.95 seconds to win the men’s 100m final at the 14th National Games last Tuesday, but it took him 12 years to win his first medal ‘gold after his fourth participation in the national sports extravagance.

Su, who lowered Asia’s 100m record to 9.83 seconds at the Tokyo Olympics last month, became the first athlete to break the 10-second mark in 62 years of Games history.

As one of the most successful sports in the world, athletics has been on the competition agendas since the inaugural Games in 1959 and has produced world-class stars to the cheers of domestic and international fans, such as the high jumper. Zhu Jianhua and hurdler Liu Xiang, both former world record holders.

At the 5th National Games in 1983, Zhu, a native of Shanghai, crossed 2.37 meters to break the men’s high jump world record in qualifying for the Games on June 11, and improved it to 2.38 meters. three months later in the final.

It was exactly the same year that Liu, Chinese sprint icon, was born in Shanghai.

The quest of Chinese athletes to go faster and higher did not end there. In 2001, Liu won the men’s 110m hurdles in 13.36 seconds at the 9th National Games, before setting an Asian record of 13.12 in a Grand Prix in Lausanne the following year. He broke the world record for 13 years in 12.91 by winning another Grand Prix in 12.88, again in Lausanne on July 12, 2006.

EVENTS CHANGES EMPHASIZE HOURS OF CHANGE

Unlike the traditional sport of athletics, the rules and events have changed several times in the National Games, representing a snapshot of the times.

At the first National Games, there were 36 competitions, including radio transmission and reception, sailing, marine modeling, airplane parachuting, and aerodynamic modeling.

More than 10,000 athletes from 29 delegations took part in the first Most Valued Sports Honors tournament since the founding of the People’s Republic of China, witnessing four world records broken during the Games.

Zheng Fengrong became the first Chinese athlete to break a world record. She climbed 1.77 meters to beat the 1.76 meter bar set by American Mildred McDaniel at the 1956 Melbourne Olympics, remembering the feeling of being on the Games podium for the first time with her heart. still throbbing with excitement.

“I broke the world record for an American athlete on November 17, 1957. I won the high jump and the triathlon at the first National Games,” recalls the 84-year-old athlete.

“The participants in the Games were all students, workers, peasants and soldiers. Although the conditions were harsh and the environment very simple, we had only one idea in mind at the time: to win the tournament. honor to our country, ”Zheng added. .

After China’s return to the Olympic family in 1979, the events and rules of the National Games were adjusted to better match those of the Olympics.

Such a change was most significant at the Sixth National Games in 1987, when many Olympic events were added while many non-Olympic events were removed. At the same time, different scoring methods have been implemented for Olympic and non-Olympic events respectively.

Of our time, “[2024] Paris Olympic events have been added to the 14th National Games, such as skateboarding, rock climbing, surfing and breakdancing, ”said Liu Guoyong, director of the Competition and Training Department of the General Administration. sports from China.

Amateurs, welcomed at the National Games

In addition to being a vital milestone for athletes, the National Games have also taken steps to seek a balance between competitive events and the promotion of mass sports in recent years to stay in line with the national agenda of fitness for all aimed at improving public health.

Grassroots enthusiasm for the sport echoed throughout the 2008 Beijing Olympics, which opened on August 8, which was named China’s National Fitness Day a year later.

In 2017, mass sports were officially included in the competition program of the 13th National Games, allowing ordinary people to step onto the national stage to fulfill their sporting dreams.

The 14th National Games offered the public an even bigger and bigger stage with more events, with more than 10,000 people from all walks of life participating.

Undergraduates from sports universities and members of sports clubs received their first tickets to the Games, further enriching the pool of sports talent for international competitions in the future.

“For the first time, boccia has been included in mass sports competition at the Games. This can be an important step in the development of the sport in China, ”said Yang Jianshe, deputy director of the boccia competitions committee at the 14th National Games. .

Stadiums, gymnasiums meet people’s daily needs

Despite the impact of the COVID-19 pandemic, 53 Games venues were completed on schedule in June 2020, including 30 new ones. These competition venues, which represent approximately 1.4 million square meters of floor space, are spread over 13 competition areas in Shaanxi Province.

The Xi’an Olympic Sports Center, recently certified as a Level 1 venue by World Athletics, hosted the opening and closing ceremonies and also hosted the Games track and field events.

Shaanxi took advantage of the National Games to compensate for its deficiencies in sports infrastructure and to better offer the public sports spaces after the Games.

As a centerpiece of the Games, the sports center will be open to the public with a combination of paid and free access, and residents will be guaranteed a view of the “super stadium”.

“There are an increasing number of sports venues around us, and all of them are surrounded by a beautiful landscape, equipped with quality facilities and at competitive prices,” said Liu Ying, a native of Xi’an who does daily physical exercises.

To provide a green cycle path for the public, the ecological and historical resources of the Qinling Mountains have been used to build a network of greenways.

“It’s a good environment for cycling, and the view of the mountains and the river is elegant,” said Zhang Tao, an avid cyclist.

Inspired by the National Fitness Strategy, several major sports and fitness related projects have been launched in Shaanxi. In total, 628 football fields, 87 county-level public sports venues, 81 sports parks, fitness tracks and multi-functional fitness venues have been built across the province.

Shaanxi, the first western host province

Prior to 1983, the Games had only been held in Beijing, and until the 10th Games in 2005, only Beijing, Shanghai and Guangdong took turns to host the Games.

“Prior to the Sixth National Games in 1987, Sichuan Province had been approved by the State Council to host the Seventh National Games. However, the State Council made a final announcement in 1988 that, based on China’s economic and financial situation, the National Games will only be held in Beijing, Shanghai and Guangdong by rotation, ”explained Yuan Weimin, former director of the General Administration of Sports of China.

As the policy of reform and opening-up deepened, the Chinese economy prospered and many provinces and cities became capable of hosting major sports matches.

In 2001, Jiangsu was granted the right to host the 10th National Games for the first time apart from the previous trio. Shandong, Liaoning and Tianjin have secured the right to host the next three editions of the Games.

Organized for the first time in central and western China, the 14th National Games are seen as an opportunity for Shaanxi to promote its development and strengthen its infrastructure.

With changes occurring in almost every area, the Games are just the epitome of western China’s rapid development.

And athletes around the world will also get their own preview of the upcoming 2022 World Universiade in Chengdu, the capital of southwest Sichuan Province.

The 15th National Games will return to Guangdong in 2025, but this time the Southern Province will be joined by Hong Kong and Macao, marking the first time that the two Special Administrative Regions will also become hosts of the Games.

Some participants from Hong Kong and Macau are looking forward to the 15th National Games in four years.

Cheng King Leung, acting head of the Hong Kong delegation, believes the next National Games would be a chance for Hong Kong’s next generation.

“I would say that young people in Hong Kong should participate in sports more often and inherit sportsmanship from Chinese people,” he said.

“I look forward to meeting you all at the next National Games,” said Au Chi Kun, director of the Macau track team.


Source link

]]>
National Games assist in the development of China’s sports map https://bizchina-update.com/national-games-assist-in-the-development-of-chinas-sports-map/ https://bizchina-update.com/national-games-assist-in-the-development-of-chinas-sports-map/#respond Tue, 28 Sep 2021 01:29:00 +0000 https://bizchina-update.com/national-games-assist-in-the-development-of-chinas-sports-map/ The photo taken on Sept. 27, 2021 shows the closing ceremony of the 14th Chinese National Games in Xi’an, northwest China’s Shaanxi Province. [Photo/Xinhua] XI’AN – Su Bingtian of Guangdong Province clocked 9.95 seconds to win the men’s 100m final at the 14th National Games last Tuesday, but it took him 12 years to win […]]]>

The photo taken on Sept. 27, 2021 shows the closing ceremony of the 14th Chinese National Games in Xi’an, northwest China’s Shaanxi Province. [Photo/Xinhua]

XI’AN – Su Bingtian of Guangdong Province clocked 9.95 seconds to win the men’s 100m final at the 14th National Games last Tuesday, but it took him 12 years to win his first medal gold after his fourth participation in the national sports extravagance.

Su, who lowered Asia’s 100m record to 9.83 seconds at the Tokyo Olympics last month, became the first athlete to break the 10-second mark in 62 years of Games history.

As one of the most successful sports in the world, athletics has been on the competition agendas since the inaugural Games in 1959 and has produced world-class stars to the cheers of fans at home and abroad, such as the high jumper. Zhu Jianhua and hurdler Liu Xiang, both former world record holders.

At the 5th National Games in 1983, Zhu, a native of Shanghai, crossed 2.37 meters to break the men’s high jump world record in qualifying for the Games on June 11, and improved it to 2.38 meters. three months later in the final.

It was exactly the same year that Liu, Chinese sprint icon, was born in Shanghai.

The quest of Chinese athletes to go faster and higher did not end there. In 2001, Liu won the men’s 110m hurdles in 13.36 seconds at the 9th National Games, before setting an Asian record of 13.12 at a Grand Prix in Lausanne the following year. He broke the world record for 13 years in 12.91 by winning another Grand Prix in 12.88, again in Lausanne on July 12, 2006.

EVENTS CHANGES EMPHASIZE HOURS OF CHANGE

Unlike the traditional sport of athletics, the rules and events have changed several times in the National Games, representing a snapshot of the times.

At the first National Games, there were 36 competitions, including radio transmission and reception, sailing, marine modeling, airplane parachuting, and aerodynamic modeling.

More than 10,000 athletes from 29 delegations took part in the first Most Valued Sports Honors tournament since the founding of the People’s Republic of China, witnessing four world records broken during the Games.

Zheng Fengrong became the first Chinese athlete to break a world record. She climbed 1.77 meters to beat the 1.76 meter mark set by American Mildred McDaniel at the 1956 Melbourne Olympics, remembering the feeling of stepping on the Games podium for the first time with her heart still. throbbing with excitement.

“I broke the world record for an American athlete on November 17, 1957. I won the high jump and the triathlon at the first National Games,” recalls the 84-year-old athlete.

“The participants in the Games were all students, workers, peasants and soldiers. Although the conditions were harsh and the environment very simple, we had only one idea in mind at the time: to win the tournament. honor to our country, ”Zheng added. .

After China’s return to the Olympic family in 1979, the events and rules of the National Games were adjusted to better match those of the Olympics.

Such a change was most significant at the Sixth National Games in 1987, when many Olympic events were added while many non-Olympic events were removed. At the same time, different scoring methods have been implemented for Olympic and non-Olympic events respectively.

Of our time, “[2024] Paris Olympic events have been added to the 14th National Games, such as skateboarding, rock climbing, surfing and breakdancing, ”said Liu Guoyong, director of the Competition and Training Department of the General Administration. sports from China.

Amateurs, welcomed at the National Games

In addition to being a vital milestone for athletes, the National Games have also taken steps to seek a balance between competitive events and the promotion of mass sports in recent years to stay in line with the national agenda of fitness for all aimed at improving public health.

Grassroots enthusiasm for the sport reverberated throughout the 2008 Beijing Olympics, which opened on August 8, the day that was named China’s National Fitness Day a year later. .

In 2017, mass sports were officially included in the competition program of the 13th National Games, allowing ordinary people to step onto the national stage to fulfill their sporting dreams.

The 14th National Games offered the public an increasingly large stage with more events, with more than 10,000 people from all walks of life participating.

Undergraduates from sports universities and members of sports clubs received their first tickets to the Games, further enriching the pool of sports talent for international competitions in the future.

“For the first time, boccia has been included in mass sports competition at the Games. This can be an important step in the development of the sport in China, ”said Yang Jianshe, deputy director of the boccia competitions committee at the 14th National Games. .

Stadiums, gymnasiums meet people’s daily needs

Despite the impact of the COVID-19 pandemic, 53 Games venues were completed on schedule in June 2020, including 30 new ones. These competition venues, which represent approximately 1.4 million square meters of floor space, are spread over 13 competition areas in Shaanxi Province.

The Xi’an Olympic Sports Center, recently certified as a Level 1 venue by World Athletics, hosted the opening and closing ceremonies and also hosted the Games track and field events.

Shaanxi took advantage of the National Games to address its shortcomings in sports infrastructure and to better offer the public sports spaces after the Games.

As a centerpiece of the Games, the sports center will be open to the public with a combination of paid and free access, and residents will be guaranteed a “super stadium” view.

“There are an increasing number of sports venues around us, and all of them are surrounded by a beautiful landscape, equipped with quality facilities and at competitive prices,” said Liu Ying, a native of Xi’an who does daily physical exercises.

To provide a green cycle path for the public, the ecological and historical resources of the Qinling Mountains have been used to build a network of greenways.

“It’s a good environment for cycling, and the view of the mountains and the river is elegant,” said Zhang Tao, an avid cyclist.

Inspired by the National Fitness Strategy, several major sports and fitness related projects have been launched in Shaanxi. In total, 628 football fields, 87 county-level public sports venues, 81 sports parks, fitness tracks and multi-functional fitness venues have been built across the province.

Shaanxi, the first western host province

Prior to 1983, the Games had only been held in Beijing, and until the 10th Games in 2005, only Beijing, Shanghai and Guangdong took turns to host the Games.

“Prior to the Sixth National Games in 1987, Sichuan Province was approved by the State Council to host the Seventh National Games. However, the State Council made a final announcement in 1988 that, based on China’s economic and financial situation, the National Games will only be held in Beijing, Shanghai and Guangdong on a rotating basis ” , said Yuan Weimin, former director of the General Administration of Sports of China.

As the policy of reform and opening-up deepened, the Chinese economy flourished and many provinces and cities became capable of hosting major sports matches.

In 2001, Jiangsu was granted the right to host the 10th National Games for the first time apart from the previous trio. Shandong, Liaoning and Tianjin have secured the right to host the next three editions of the Games.

Organized for the first time in central and western China, the 14th National Games are seen as an opportunity for Shaanxi to promote its development and strengthen its infrastructure.

With changes occurring in almost every area, the Games are just the epitome of the rapid development of Western China.

And athletes around the world will also get their own preview of the upcoming 2022 World Universiade in Chengdu, the capital of southwestern Sichuan Province.

The 15th National Games will return to Guangdong in 2025, but this time the Southern Province will be joined by Hong Kong and Macao, marking the first time that the two Special Administrative Regions will also become hosts of the Games.

Some participants from Hong Kong and Macau are looking forward to the 15th National Games in four years.

Cheng King Leung, acting head of the Hong Kong delegation, believes the next National Games would be a chance for Hong Kong’s next generation.

“I would say that young people in Hong Kong should participate in sports more often and inherit sportsmanship from Chinese people,” he said.

“I look forward to meeting you all at the next National Games,” said Au Chi Kun, director of the Macau track team.


Source link

]]>
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National Games assist in the development of China’s sports map https://bizchina-update.com/national-games-assist-in-the-development-of-chinas-sports-map-2/ https://bizchina-update.com/national-games-assist-in-the-development-of-chinas-sports-map-2/#respond Mon, 27 Sep 2021 16:06:00 +0000 https://bizchina-update.com/national-games-assist-in-the-development-of-chinas-sports-map-2/ © Provided by Xinhua 62 years of history of the National Games have witnessed the development of Chinese sport. By sports journalists Hu Jiali, Fu Ruixia and Wang Chunyan XI’AN, Sept. 27 (Xinhua) – Su Bingtian of Guangdong Province clocked 9.95 seconds to win the men’s 100m final at the 14th National Games last Tuesday, […]]]>

© Provided by Xinhua

62 years of history of the National Games have witnessed the development of Chinese sport.

By sports journalists Hu Jiali, Fu Ruixia and Wang Chunyan

XI’AN, Sept. 27 (Xinhua) – Su Bingtian of Guangdong Province clocked 9.95 seconds to win the men’s 100m final at the 14th National Games last Tuesday, but it took him 12 years to win his first gold medal after his fourth participation. in national sporting extravagance.

Su, who lowered Asia’s 100m record to 9.83 seconds at the Tokyo Olympics last month, became the first athlete to break the 10-second mark in 62 years of Games history.

As one of the most successful sports in the world, athletics has been on the competition schedule since the inaugural Games in 1959 and produced world-class stars to the cheers of domestic and international fans, such as the high jumper. Zhu Jianhua and hurdler Liu Xiang, both former world record holders.

At the 5th National Games in 1983, Zhu, a native of Shanghai, crossed 2.37 meters to break the men’s high jump world record in qualifying for the Games on June 11, and improved it to 2.38 meters. three months later in the final.

© Provided by Xinhua

The Xi’an Olympic Sports Center, recently certified as a Level 1 venue by World Athletics, hosted the opening and closing ceremonies and also hosted the Games track and field events.

Shaanxi took advantage of the National Games to address its shortcomings in sports infrastructure and to better offer the public sports spaces after the Games.

© Provided by Xinhua

As a centerpiece of the Games, the sports center will be open to the public with a combination of paid and free access, and residents will be guaranteed a view of the “super stadium”.

“There are a growing number of sports venues around us, and all of them are surrounded by a beautiful landscape, equipped with quality facilities and at competitive prices,” said Liu Ying, a native of Xi’an who does daily physical exercises.

To provide a green cycle path for the public, the ecological and historical resources of the Qinling Mountains have been used to build a network of greenways.

“It’s a good environment for cycling, and the view of the mountains and the river is elegant,” said Zhang Tao, an avid cyclist.

Inspired by the National Fitness Strategy, several major sports and fitness related projects have been launched in Shaanxi. In total, 628 football fields, 87 county-level public sports venues, 81 sports parks, fitness tracks and multi-functional fitness venues have been built across the province.

SHAANXI, FIRST WESTERN HTE PROVINCE

Prior to 1983, the Games had only been held in Beijing, and until the 10th Games in 2005, only Beijing, Shanghai and Guangdong took turns to host the Games.

“Prior to the Sixth National Games in 1987, Sichuan Province had been approved by the State Council to host the Seventh National Games. However, the State Council made a final announcement in 1988 that, based on China’s economic and financial situation, the National Games will only be held in Beijing, Shanghai and Guangdong on a rotating basis ” , said Yuan Weimin, former director of the General Administration of Sports of China.

As the policy of reform and opening-up deepened, the Chinese economy flourished and many provinces and cities became capable of hosting major sports matches.

In 2001, Jiangsu was granted the right to host the 10th National Games for the first time apart from the previous trio. Shandong, Liaoning and Tianjin have secured the right to host the next three editions of the Games.

© Provided by Xinhua

Organized for the first time in central and western China, the 14th National Games are seen as an opportunity for Shaanxi to promote its development and strengthen its infrastructure.

With changes occurring in almost every area, the Games are just the epitome of the rapid development of Western China.

And athletes around the world will also get their own preview of the upcoming 2022 World Universiade in Chengdu, the capital of southwestern Sichuan Province.

© Provided by Xinhua

The 15th National Games will return to Guangdong in 2025, but this time the Southern Province will be joined by Hong Kong and Macao, marking the first time that the two Special Administrative Regions will also become hosts of the Games.

Some participants from Hong Kong and Macau are looking forward to the 15th National Games in four years.

Cheng King Leung, acting head of the Hong Kong delegation, believes the next National Games would be a chance for Hong Kong’s next generation.

“I would say that young people in Hong Kong should participate in sports more often and inherit sportsmanship from the Chinese people,” he said.

“I look forward to meeting you all at the next National Games,” said Au Chi Kun, director of the Macau track team.


Source link

]]>
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Huge lottery market demand by 2027 https://bizchina-update.com/huge-lottery-market-demand-by-2027/ https://bizchina-update.com/huge-lottery-market-demand-by-2027/#respond Mon, 06 Sep 2021 07:00:00 +0000 https://bizchina-update.com/huge-lottery-market-demand-by-2027/ ” Lottery market research is an intelligence report with meticulous efforts undertaken to study accurate and valuable information. The data that has been examined is done taking into account both the best existing players and the future competitors. The business strategies of major players and new industries entering the market are studied in detail. A […]]]>

Lottery market research is an intelligence report with meticulous efforts undertaken to study accurate and valuable information. The data that has been examined is done taking into account both the best existing players and the future competitors. The business strategies of major players and new industries entering the market are studied in detail. A well explained SWOT analysis, revenue share and contact details are shared in this report analysis. It also provides information on the market in terms of development and its capabilities.

Get a sample copy of this report with the latest industry trends and COVID-19 impact @:

https://www.a2zmarketresearch.com/sample?reportId=51491

Some of the best companies influencing this market include:

China Welfare Lottery, China Sports Lottery, Hong Kong Jockey Club, Francaise des Jeux, Camelot Group, Loterías y Apuestas del Estado, Mizuho Bank Ltd., Singapore Pools, California Lottery, Florida Lottery, GTECH, New York State Lottery, INTRALOT, MDJS , Connecticut Lottery Corporation, Berjaya Sports Toto Berhad, Magnum, Minnesota State Lottery, Tennessee Education Lottery Corporation

Various factors are responsible for the growth trajectory of the market, which are discussed at length in the report. Further, the report lists restraints which pose a threat to the global lottery market. It also assesses the bargaining power of suppliers and buyers, the threat of new entrants and substitutes, and the degree of competition prevailing in the market. The influence of the latest government directives is also analyzed in detail in the report. It studies the trajectory of the Lotteries market between forecast periods.

Global segmentation of the lottery market:

Market segmentation: by type

Games on terminals
Scratch games
Sports lotteries

Market segmentation: by application

Online lottery
Lottery store

Market research report offerings on the Global Lottery Market:

  • Market definition of the global lottery market along with the analysis of different influencing factors such as drivers, restraints, and opportunities.
  • In-depth research on the competitive landscape of global lotteries
  • Identification and analysis of the micro and macro factors that have and will affect the growth of the market.
  • A comprehensive listing of the major market players operating in the global Lotteries Market.
  • Analysis of different market segments such as type, size, applications and end users.
  • It offers a descriptive demand and supply chain analysis in the global Lotteries market.
  • Statistical analysis of some significant economic facts
  • Figures, tables, graphs, images to clearly describe the market.

Get up to 30% off the first purchase of this report @:

https://www.a2zmarketresearch.com/discount?reportId=51491

Regions Covered By The Global Lottery Market 2021 Report:
The Middle East and Africa (GCC countries and Egypt)
North America (United States, Mexico and Canada)
South America (Brazil etc …)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)

The cost analysis of the Global Lotteries market has been done keeping in view the manufacturing expense, cost of labor and raw materials, along with their market concentration rate, vendors, and market concentration rate. price trends. Other factors such as supply chain, downstream buyers, and sourcing strategy were assessed to provide a complete and in-depth view of the market. Buyers of the report will also be exposed to a market positioning study with factors like target customer, branding, and pricing taken into account.

The key questions the report answers:

  • What will the market size and growth rate be by the end of the forecast period?
  • What are the major lottery market trends impacting the market growth?
  • What are the potential growth opportunities and threats faced by the major competitors in the market?
  • What are the key findings of Porter’s five forces analysis and SWOT analysis of major players operating in the global lottery market?
  • This report gives all the information regarding industry overview, analysis, and revenue for this market.
  • What are the market opportunities and threats faced by the vendors in the global Lotteries market?

Table of Contents (TOC)

Global Lottery Market Report 2021 – Growth, Trend and Forecast Till 2027

Chapter 1 Lottery Market Overview

Chapter 2 Global Economic Impact on Lottery Industry

Chapter 3 Global Lottery Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region (2014-2020)

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions (2014-2020)

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Analysis of Manufacturing Costs

Chapter 9 Industry Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors / Traders

Chapter 11 Analysis of Market Effect Factors

Chapter 12 Global Lottery Market Forecast (2020-2026)

Chapter 13 Appendix

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Tokyo Olympics propels China’s sports industry to grow rapidly https://bizchina-update.com/tokyo-olympics-propels-chinas-sports-industry-to-grow-rapidly/ https://bizchina-update.com/tokyo-olympics-propels-chinas-sports-industry-to-grow-rapidly/#respond Mon, 09 Aug 2021 07:00:00 +0000 https://bizchina-update.com/tokyo-olympics-propels-chinas-sports-industry-to-grow-rapidly/ Chinese weightlifter Lv Xiaojun trains in Tianjin with his own brand dumbbells in 2019. Photo: Courtesy of Yang Yilin The just ended craze for the Tokyo Olympics is pushing the Chinese sports industry into the fast lane. With an ambitious plan to integrate sports into a 5,000 billion yuan ($ 773 billion) industry by 2025, […]]]>

Chinese weightlifter Lv Xiaojun trains in Tianjin with his own brand dumbbells in 2019. Photo: Courtesy of Yang Yilin

The just ended craze for the Tokyo Olympics is pushing the Chinese sports industry into the fast lane. With an ambitious plan to integrate sports into a 5,000 billion yuan ($ 773 billion) industry by 2025, sports equipment manufacturers and industry practitioners expect the sector fuels the growing appetite of consumers for sports activities and consumption.

According to statistics provided by the Chinese job search platform Liepin to the Global Times, new jobs in the sports industry jumped 24.2% in the first seven months compared to the same period last year.

Sportswear brands Adidas, Anta, Li-Ning and the Keep sports app topped the list of employers.

More investment and sponsorship arrangements could benefit top athletes. Chinese television maker Skyworth told the Global Times that it intends to cooperate with athletes who have shone at the Olympics.

At the Tokyo 2020 Olympics, the Chinese team won a total of 88 medals, including 38 gold, 32 silver and 18 bronze, placing second in the final medal tally.

Spurred on by the successful performances of Chinese athletes in Tokyo, market analysts are optimistic about the outlook for the industry.

“We have seen an increase in the number of visitors to the online store, its volume of exchanges and interactions between subscribers and fans,” Wang Jiajia, head of national brand affairs, told the Global Times. dumbbells and plates under the Chinese athlete Lv Xiaojun. Monday.

Lv, a veteran weightlifter, won the championship with a 170 kilogram snatch and 204 kilogram clean and jerk on July 31 in Tokyo. He is the holder of two world records for clean and jerk and total score.

Due to the large number of overseas fans and the mature development of the overseas sports industry, Wang said foreign market revenues doubled that of the domestic market, with the United States remaining the largest market. for the brand.

“Training has shifted from strength training to a functional activity… With the growing popularity of CrossFit gyms in China, people’s awareness of weightlifting is gradually increasing,” said Yang Yilin, head of media communications on the behalf of the brand. World time.

The Chinese government earlier in August announced an ambitious plan to make sports a 5,000 billion yuan industry by 2025. This suggests that the sector is heading for a 69.5% increase over its size. in 2019. Such growth would be well above the average rate of 55.3 percent in 2016-19, according to media reports.

“There is no problem to achieve this goal, but the current consumer drive for sports in China is not strong enough. In addition, the supply is not sufficient,” said Zhang Qing, CEO of Key Solution Sports Co, a consulting firm for the sports industry in China, the Global Times told the Global Times on Monday.

“In five to ten years, the sports industry could become a pillar industry of the Chinese economy. This means that its proportion will represent 5% of the country’s GDP,” said Zhang, suggesting that an adjustment in the structure of industry is urgently needed.

Sporting goods account for about 60% of total industry revenue thanks to China’s strong production, but in sports service industry, such as sports competition and physical training, China has a huge margin of growth, according to Zhang.

However, the gap between the sports industries of China and the United States remains large. According to a report from Deloitte, the average permeability of gyms in 18 major Chinese cities was only 3.9% in 2019, far behind the United States (20%), the United Kingdom (15%) and Japan. (8%).

Lin Xianpeng, a professor at Beijing Sports University, told financial website 21jingji.com that Chinese per capita sports spending is only 1/25 of Americans.

“Only if we trigger consumer demand for sports will the industry grow stronger,” Lin said.

The key lies in education, agreed industry practitioners. “We should be producing more sports talent at the higher education level, rather than people for competitions. This includes dieticians and physiotherapists, who could support the sports industry,” Wang said.


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Chinese sports stocks rise as safe choice after video game shock https://bizchina-update.com/chinese-sports-stocks-rise-as-safe-choice-after-video-game-shock/ https://bizchina-update.com/chinese-sports-stocks-rise-as-safe-choice-after-video-game-shock/#respond Wed, 04 Aug 2021 03:59:20 +0000 https://bizchina-update.com/chinese-sports-stocks-rise-as-safe-choice-after-video-game-shock/ (Bloomberg) – Shares of Chinese sneaker makers and other sports-related companies soared as the government launched an effort to promote exercise amid harsh criticism of the video game industry in the media in ‘State. Li Ning Co. jumped 12% while Anta Sports Products Ltd. rose 10%, with the two Hong Kong-listed sportswear manufacturers pushing to […]]]>

(Bloomberg) – Shares of Chinese sneaker makers and other sports-related companies soared as the government launched an effort to promote exercise amid harsh criticism of the video game industry in the media in ‘State.

Li Ning Co. jumped 12% while Anta Sports Products Ltd. rose 10%, with the two Hong Kong-listed sportswear manufacturers pushing to new heights. The gains followed the announcement by the State Council to renovate parks, gymnasiums and stadiums with the aim of creating a 5,000 billion yuan ($ 774 billion) sports industry. by 2025.

One of the main objectives of the plan is to encourage the sport participation of young people. The plan stands in stark contrast to Tuesday’s media attack on gambling “spiritual opium”, which brought shares of Tencent Holdings Ltd. down. and other related names.

Sportswear has been a safe haven as Beijing’s crackdown on fintech, real estate and overseas listings spill over into the market. Li Ning is up 76% this year, while Anta is up 49%, compared to a 2.5% loss for the Hang Seng Index. The sports sector has benefited from a wave of nationalism in response to the cotton controversy in Xinjiang and the enthusiasm for the return of the Olympics and other sporting events.

Nike Shares loses to Chinese rivals after Xinjiang accusations

“We believe that with increasingly sophisticated facilities and guidelines for calling for sports participation, China is well placed to develop its sports industry,” Goldman Sachs analysts led by Michelle Cheng wrote in a note. . Goldman maintains its buy on Li Ning and Anta, saying both should benefit from the industry’s growth and the “China-chic trend.”

Among other shares on the rise Wednesday, retailer Topsports International Holdings Ltd. climbed 23% in Hong Kong. On the mainland, Lander Sports Development Co., China Sports Industry Group Co., and Jiangsu Jinling Sports Equipment Co. have all exceeded their daily limits.

© 2021 Bloomberg LP


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Chinese sports marketers have many lessons from Covid to digest ahead of the Olympics https://bizchina-update.com/chinese-sports-marketers-have-many-lessons-from-covid-to-digest-ahead-of-the-olympics/ https://bizchina-update.com/chinese-sports-marketers-have-many-lessons-from-covid-to-digest-ahead-of-the-olympics/#respond Fri, 19 Feb 2021 08:00:00 +0000 https://bizchina-update.com/chinese-sports-marketers-have-many-lessons-from-covid-to-digest-ahead-of-the-olympics/ David Beckman caused a sensation on Chinese social networks. factor Two of the world’s best sporting moments are set to fall one year apart due to COVID-19: The Summer Olympics, delayed from 2020, are still underway for Tokyo this year, and the next Winter Olympics are scheduled to be held in Beijing in 2022. What […]]]>

Two of the world’s best sporting moments are set to fall one year apart due to COVID-19: The Summer Olympics, delayed from 2020, are still underway for Tokyo this year, and the next Winter Olympics are scheduled to be held in Beijing in 2022. What can sports marketers looking to tap into China’s large marketplace learn from audience trends since the pandemic began a year ago?

A lot, says Justin Tan, managing director of Shanghai-based digital sports agency Mailman, which counts the National Hockey League and the National Basketball Association among its clients. “Sports marketing professionals will see the pandemic as a pivotal moment to accelerate the digitization of their businesses,” he said in an email interview. “This is certainly the case in China.”

New emerging digital formats for sports properties and more time spent at home have presented new opportunities for brands and the public to connect, Tan said. Examples in China include larger esports competitions such as League of Legends Worlds, as well as new original sports content developed specifically for digital media such as Bundesliga club BVB online fan events via live streaming. , the China Studio show from English Premier League club Chelsea that ties in elements of London with local content. There’s also the World Badminton Federation’s rerun of their historic best matches for digital broadcasts in China, Tan said. (Note: Mailman works with all four.) The already established NBA’s more aggressive direct-to-consumer revenue models extend its media and sponsorship activities. In general, Tan said, the pandemic has generated health awareness that is “positive for the overall status of the sports industry.”

Overall, sports companies have avoided getting caught up in global geopolitical issues, Tan said. “We believe that sport transcends politics. During the darker days of Covid-19 in China, we saw a surge of support for the Chinese from stars, teams and global sports organizations, ”he noted. “Football teams like PSG have declared their support for Chinese communities affected by the pandemic with messages on their shirts. Other organizations like the NBA and the New England Patriots have donated medical supplies to Chinese hospitals. At the end of the day, we also like to believe that sport improves our lives. Our belief is that the Chinese passion for sports will continue to make the local market an attractive prospect for global sports organizations. “

Tan believes that international sports organizations and athletes who have continued to invest resources in China have benefited from the pandemic year. The NBA, for example, remains the most popular league, its teams and players gaining popularity in Mailman’s annual “NBA Red Card” digital performance index in China. Among individual athletes, Cristiano Ronaldo, with more than 15 million total followers on Weibo and Kuaishou, is already the most popular international footballer on Chinese digital media. Likewise, David Beckham, with 8.8 million followers,

offers original videos on Douyin, the shortened video platform owned by ByteDance, parent of TikTok. In addition, Chelsea partnered with Weibo and became the first European football club to launch in Kuaishou, just like another English Premier League club Manchester City with Alipay, Tan said. In badminton, the World Badminton Federation is the fastest growing sports organization on Weibo, thanks to the creation of original new sports programming, Tan said.

“China continues to be an iconic market,” he continued. “This means that the biggest sports stars of our generation are very influential in Chinese digital media. A poignant but relevant example would be Kobe Bryant. Despite his passing, he remains one of China’s most revered athletes. We have seen some interesting trends with the new sports competitions in China. The Ultimate Fighting Champion (UFC) mixed martial arts competition had an exceptional 2020, built around the emergence of a local Chinese champion, Zhang Weili, the launch of a cutting-edge brick and mortar performance institute. and a synergistic link. with the Chinese Olympic Committee.

So how should winter sports related companies plan ahead for the Winter Olympics next year? “It will be a great moment for China and the sports industries in China. There is a great deal of pride in hosting the Winter Olympics, and the general public and sports fans should take a strong interest in winter sports during and after competition. In fact, winter sports are already experiencing strong growth with the involvement of increasingly active and larger communities, ”said Tan.

Yet interest in winter sports is lower than in all-weather sports such as football and basketball. “China needs better winter sports education. A good example is the National Hockey League, which has created a ball hockey education app that serves as a gateway for ice hockey, ”he said. “Good content goes a long way. Brands that want to get involved will do well to think about their content strategy before the Winter Games and beyond. Currently, the development of winter sports is driven by communities of enthusiasts who organize themselves on social and digital platforms like Tencent’s WeChat. We expect this trend to continue. Brands should seek to invest in local and local communities, including optimizing their CRM strategy and community engagement tactics, ”he suggested.

Finally, Tan stressed the importance of live broadcasting. “New formats such as live streaming which combines content, education, peer advocacy, price promotions and product introductions combine with e-commerce. It’s a great retail format for businesses looking to increase brand awareness and convert their audience to customers, ”he said.


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Pandemic pushes Chinese sports technology to new heights and models – China Money Network https://bizchina-update.com/pandemic-pushes-chinese-sports-technology-to-new-heights-and-models-china-money-network/ Sat, 06 Feb 2021 08:00:00 +0000 https://bizchina-update.com/pandemic-pushes-chinese-sports-technology-to-new-heights-and-models-china-money-network/ China’s fitness industry boomed during the pandemic. She has also sought to innovate and find new models that work better in a new, more confined lifestyle. Investors favor food technologies and health technologies in the next ten years. This is in line with China’s national policy to focus on improving the health of the people. […]]]>

China’s fitness industry boomed during the pandemic. She has also sought to innovate and find new models that work better in a new, more confined lifestyle.

Investors favor food technologies and health technologies in the next ten years. This is in line with China’s national policy to focus on improving the health of the people.

In 2017, China’s fitness population reached 550 million, or 41.3% of the country’s total population. The total output value of the fitness industry has reached about 150 billion yuan, with a compound annual average growth rate of 7.7% over the past six years. It is estimated that by 2020, the total scale of national fitness consumption is expected to exceed 1.5 trillion yuan.

The pandemic has allowed fitness brands to break away from the traditional fitness business model and online fitness has become the choice of users. The national fitness market is evolving from leisure activity to a greater importance of professionalism. Fitness service providers are also changing their business models so as not to impose annual membership on users and instead are launching new service products tailored to changing user habits.

Deloitte’s “China Gym Market Development White Paper 2019-2020” pointed out that from January to May 2020, the number of active users of fitness apps stabilized at over 77 million. .

Compared to the same period last year, the number of active users increased by up to 24% in a single month.

McKinsey’s “China Consumer Report 2021” pointed out that after the pandemic, online fitness users in China increased by 23%.

Keep is the largest fitness app in China. Its online users have currently reached 200 million. After 6 years of development, Keep is no longer a purely sports social app, but has evolved to integrate the sale of smart gear, sportswear, light food and training equipment. It is a sports technology platform.

Keep launched an online live streaming service after the pandemic and worked with a number of fitness brands and fitness KOLs to create live classes. This increased user downloads.

New gyms such as Super Gorilla and Leke have used celebrity coaches to create a series of live paid online shows, short videos and other products to draw consumers to their platform.

The pandemic has caused new fitness brands to emerge in China at a faster rate. As of March 31, 2020, the live broadcast of the group class jointly launched by Leke has reached 30 million people. Its co-founder once said in an interview that the line is an inevitable trend.

The Super Monkeys online live stream was watched by over 70 million people in 25 days. The pandemic was believed to have taken Keep to new heights when its business showed signs of stagnation before the pandemic, as downloads and activity were sluggish for months.

Investors are making more bets in the sports technology sector. According to statistics from the Santi Cloud Data Center, the number of private funding for the fitness sector from 2017 to 2020 was 48, 41, 29 and 42 respectively, a constant flow of investments. According to data from Lanxiong Sports, there have been 180, 148, 87 and 53 fundings in the field of sport at large in the past four years.

Li Hongwei, managing partner of GGV Capital, said in an interview that in GGV’s current investment portfolio, the number of fitness technology brands, including Keep, is increasing.

“I believe that in the next 10 years, food technology and health technology will become the focus of venture capital, and we will also invest more in these two major axes,” said Li Hongwei.

GGV Executive Director Li Haojun also said that among the hundreds of millions of sports practitioners in China, other new data-driven and technology-driven sports brands that meet the needs of a new generation of young people fitness users will emerge.

“Compared to Europe and the United States, China has a supply chain advantage. In 2020, in the US fitness equipment import market, mainland Chinese products accounted for 64.5%, and Taiwan, China products 28.1%. But in the future, when the supply chain reaches the stage of maturity, there is not much difference in the cost benefits, therefore, brands of fitness equipment still need to improve product performance and brand premiums. In the future, the intelligence of fitness equipment is a key development direction, “said another investor Zhang Zhuoyu.

Traditional gym operators are also changing the way they operate. The popular prepaid annual membership model is generally the biggest complaint from users. The card’s reimbursement mechanism is not user-friendly and usually requires other expensive processing fees.

Gyms are issuing monthly cards, timed cards, and more flexible options. Leke and Super Gori

China expert network


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Chinese sport in 2020 – and what to expect in 2021 – SupChina https://bizchina-update.com/chinese-sport-in-2020-and-what-to-expect-in-2021-supchina/ https://bizchina-update.com/chinese-sport-in-2020-and-what-to-expect-in-2021-supchina/#respond Mon, 04 Jan 2021 08:00:00 +0000 https://bizchina-update.com/chinese-sport-in-2020-and-what-to-expect-in-2021-supchina/ Chinese sport in 2020 – and what to expect in 2021 – SupChina Skip to content Find a company based in China Find a company based in ChinaJD technologyEvergrande GroupGanfeng LithiumShenghe Resources HoldingNorth China Rare Earth GroupBaotou Iron and SteelGemLens technologyKanzhunKuaishouMissFreshXuanji technologyVolitationHuimingjieAEEEHangThree Gorges Society of ChinaChina across the oceanHoneycombXAGCMSGDUFoiaSYS SkyTIMAutel roboticsChina Aviation Industry CompanyChinese Academy […]]]>



Chinese sport in 2020 – and what to expect in 2021 – SupChina
























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