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Sports administration, Jiushi Group ink strategic deal
    The Shanghai Administration of Sports and Shanghai Jiushi Group Co Ltd signed a strategic cooperation framework agreement at the former Foreign YMCA Building in Huangpu District on Tuesday.
    The two parties will cooperate in importing top sports events, and push forward the reform and innovation of the management and operating mechanism of sports venues, the planning and upgrading of large sports facilities across the city, the promotion of sports events and the cultivation of sports talent.
    The administration will provide policy support for the state-owned Jiushi Group in the above-mentioned areas, and Jiushi Group will set up sports bases, with a total area of 5.3 square kilometers, as strategic and reserved land for the development of sports in Shanghai.
    Chen Qun, Vice Mayor of Shanghai, witnessed the signing of the strategic agreement.

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