BEIJING http://www.cheapvapormaxflyknitshoes.com/ , Dec. 8 (Xinhua) -- China's sports industry is expected to account for 0.7 percent of the GDP with an added value of 400 billion yuan (about 62 billion U.S. dollars) in 2015, a senior sports official said here on Tuesday.
"According to current situation, it is expected that by the end of 2015 the sports industry will basically realize the goal set by '12th Five-Year Plan', namly an added value of 400 billion yuan and accounting for 0.7 percent of the GDP," Feng Jianzhong, deputy director of the State General Administration of Sport of China (SGAS), told a press briefing.
"By 2020 cheap nike vapormax flyknit kids , the total scale of sports industry is expected to exceed 3 trillion yuan and the sports industry's added value account for 1 percent of the GDP," he added.
China's cabinet, the State Council, issued the "Suggestions on Accelerating Development of Sports Industry and Promoting Sports Consumption" last October, aiming to boost the development of the country's sports secotr and grow it into a 5-rillion-yuan industry by 2025.
According to Feng, the SGAS has simplified administrative examination and approval procedures, rescinded examination and approval of commercial and mess sports events and reformed on large-sized sports venues operation and management system cheap nike vapormax flyknit mens , including granting subsidy worth of 870 million yuan to 1,212 sports venues for free-of-charge or low-charge use by the public.
"Such moves have triggered high enthusiasm among the public to participate in sports and provided great business opportunities for the sports industry as well," Feng said.
In 2015, Wanda Group, a real estate giant in China, bought stake in Spanish La Liga champions Atletico Madrid, merged Infront and then bought World Triathlon Corporationin August cheap nike vapormax flyknit womens , spending about 11.6 billion yuan in this area.
E-commerce titan Alibaba also showed great interest as they first paid 1.2 billion yuan for 50 percent stake in Guangzhou Evergrande, China's most successful soccer club and two-time Asian Champions League winner.?
The Nasdaq-listed company, which have business cooperations with German champions Bayern Munich, Spanish giants Real Madrid and NBA star Kobe Bryant, then launched its own sports company in September to focus on professional sports.
Two other internet companies LeTV and Tencent jumped on the bandwagon by establishing respective sports companies as well, while Ti'ao Power has been designated as the cooperation partner of China Super League TV signal making and copyright sales at the prize of eight billion yuan for five years from 2016 to 2020.
"The sports industry has grabbed huge social attention, forming a good momentum characterized by active government drive and capital input cheap nike vapormax flyknit 2.0 ," Feng concluded.?
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ROME, April 7 (Xinhua) -- AC Milan raised their hopes for a UEFA Europa League spot next season when they notched up their third success in a row with a 2-1 win over Genoa on Monday.
Thanks to goals in each half from loanee Adel Taarabt and Keisuke Honda, the Milan side claimed a hard-fought win and close within five points of rivals Inter, who sit fifth and occupy Serie A's final European place.
They managed to stave off a late fightback by Genoa who pulled one back with 17 minutes to play through defender Marco Motta.
The hosts were inches away from claiming an equalizer, with Philippe Mexes getting back to nod Motta's header off the line and away to safety as Milan's good run continued.
They stay at the 11th place of the Serie A table after a dreadful start to the season, the fact they can still reach Europe will encouraged coach Clarence Seedorf.
""I am certainly happy with the performance of the team, which was able to battle against a Genoa side that proved it had heart. Genoa really pushed hard cheap nike vapormax flyknit sale , so to win here was a great result. Adel Taarabt had a good performance, but so did everyone,"" said Seedorf.
""The Europa League is closer, but there are many teams fighting for those positions and closer to the target, so we'll keep going and see what happens,"" he said.
The visitors left Mario Balotelli out of the starting line-up because of illness and Genoa dominated possession early on, but the visitors took the lead following a surging run from Taarabt. The former Fulham player drilled a right-footed shot towards the far post and out of Genoa goalkeeper Mattia Perin's reach.
Milan's second goal came against the run of play cheap nike vapormax flyknit shoes , as Honda scored for the first time in the league for the Italian giants.
Taarabt's ball played Honda through and he cleverly dinked over Perin, only to see Giuseppe Sculli tracking back and closing in on the ball.
Sculli should have kept the ball out but could only help it over the line with a despairing effort, giving Milan much-needed breathing space.
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HAVANA, Nov.18 (Xinhua) -- The "Domadores" (Wranglers) of Cuba travel Monday to Poland, where they will meet the local "Hussars" , Friday in the city of Krakow, as part of the B group at the IV World Series of Boxing(WSB) cheap nike air vapormax flyknit , the island' s media reported here.
The Cuba team is led by the two-time world champions Julio Cesar la Cruz (81 kg) and Lazaro Alvarez (60).
Other athletes include Arisnoidys Despaigne (69), Gerardo Cervantes (52) and Yoandy Toirac (+91), "completing a combination of experience and great promise" , the National Information Agency said.
The "Hussars" presented a list including the Ukrainian Sergio Werwejko 25 (+91), Mateusz Polski (60), Rafal Perczynski (69) and Pawel Stepien (81), together with Grzegorz Kozlowski (52).
The Wranglers participation at the WSB marks the return of Cuban Boxing to semi-professional competitions cheap nike vapormax flyknit , since 1961 when former president Fidel Castro abolished the professional sports.
Cuba competes in the strongest group of the tournament, against world boxing powers like the defending champion Kazakhstan, Mexico, Azerbaijan, Russia and Poland.