Lander & Rogers' Sports Business Group is the leading sports law practice in Australia, representing over 150 national and international sporting bodies. Our clients include international…read more
Alipay unveils 1 billion yuan initiative to support women’s football in China
Chinese payment and service platform Alipay is to invest 1 billion yuan (US$145 million) over the next decade in women's football in China.
Backed primarily by the Alipay Foundation, the funds will be allocated across four main areas: performance improvement of the Chinese women's national team; injury prevention and treatment, and career development of retired footballers; technical development and coach education; and youth development.
The initiative serves as an extension of Alipay's two-year-long program to support young girls in Hainan province and their enrolment in national youth teams.
Eric Jing, Chairman and Chief Executive of Alipay operator Ant Financial Services Group, advised “over the past two years, I've seen from the girls in Qiongzhong that football has brought them more than just physical fitness and technical skills. It has also opened doors for them to more life options and opportunities, as well as tenacity and fighting spirit.
"This has strengthened our determination to expand our support and enable more development and innovation in women's and girls' football in China."
The Alipay Foundation also announced The Wind Rider Project, an initiative dedicated to supporting girls' football in rural China.
Welcoming the backing, Chinese Football Association executive Cai Yong added “we are very grateful for Alipay's unprecedented, ten-year commitment to women's football in China. Women's football is not just a sport, but also a powerful social cause that encourages girls and women to pursue their dreams and ambitions.”
26th June 2019 - Women in Football Association looks to eliminate the ‘grass ceiling’
27th March 2019 - White paper flags rise of Chinese Super League football
15th February 2019 - News report suggests few Chinese sports venues are profitable
13th November 2018 - AliPay and WeChat with CustomLinc integration now available in Australia
28th July 2017 - Touch Football looks to develop footprint in China
21st January 2017 - IOC and Alibaba Group launch historic long-term partnership
30th September 2016 - China targets hosting of 2030 FIFA World Cup
29th July 2016 - Populous backs Alibaba plan to increase sport participation in China
25th July 2016 - China to build 60,000 football fields by 2020
12th April 2016 - Alibaba backs World Rugby with ‘groundbreaking’ deal
10th February 2016 - China to have 20,000 schools specialising in football by 2017
10th September 2015 - Alibaba Group launches dedicated sports venture
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