Sports events in Shanghai generates $516M in consumption
Time:2024-05-21 08:17:04 Source:opinionsViews(143)
The 118 major sports events held in Shanghai last year generated over 3.71 billion yuan ($516 million) in consumption which bolstered the culture and tourism industries in the city, according to a latest report.
The report, namely 2023 Shanghai Sports Event Influence Assessment Report, published by Shanghai Administration of Sports, Shanghai University of Sport and Shanghai Oriental Sports Evaluation and Consultation Center, pointed out that the 118 events led to a direct economic influence of nearly 5 billion yuan and created 32,268 job opportunities.
The sports events demonstrated a high level of organizing standard. According to the report, 36 of the 118 events were international competitions and 40 of them reached their seventh edition or even longer.
The improvement of the professionalism of self-developed events is a highlight of the sports events in Shanghai in 2023, according to the report. Last year, foreign runners participating in the Shanghai Marathon realized the best achievements in the men's marathon group in China. While the Head of Shanghai River Regatta 2023 invited the best international teams including the highly celebrated Cambridge University's rowing team, Oxford Brookes University boat club and Australian Rowing Team, the national team, which made their debut at the Regatta.
The local sports administrator said it will further cultivate more self-developed sports events and form a better consumption environment for sports fans in the future.
Previous:Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
Next:Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry
You may also like
- Iran helicopter crash that killed President Raisi could reverberate across the Middle East
- Real Madrid hold off Leipzig to sneak into quarters
- Sheng: Ancestor of Free
- Dessert Brand Reveals Sweet Tastes from Hutong
- What a blast to work at NASA. Space agency is sky
- Passionate Dream Chaser — Teacher Strives to Improve China's Rural Education
- Shenzhen to host 2025 FIBA Women's Asia Cup
- Blue Sky Rescue Team Captain Saving Lives — with Love
- What's next for Iran after death of its president in crash?