Blogging Matters!!! : The Chinese Affair (Part 3)

Day 41.

This is part 3 of the 'Chinese Affair'. So, far we've covered the Sports Industry in China and the milestones which their athletes, officials and the country as a whole have attained. This is the last part of this series and the image above is sufficient to depict what I had to say in the past two blogs.
Like I said yesterday that tonight's blog will revolve around the biggest thing to happen in China's Sporting history, so it's time now to unravel the mystery and go back in history to grasp lore about the Sports Industry. -

Beijing Olympics : -

History -

• The 2008 Summer Olympics that took place in Beijing, China was a major global multi-sport event.
• With this, China became the 22nd nation to host the Olympics and the 18th nation to host Summer Olympics.
• The opening ceremony alone cost over a $100 million and has been termed as 'spectacular' and 'spellbinding'.

Sports Industry -

• The Beijing games were a mammoth moment in the country's Sporting Industry.
• These games were a logistical success and the medals won by Chinese athletes brought national pride.
• Economy is a very vital element when you're understanding sports industry. China received a settled sway in its swelling sports industry by hosting games of such magnitude however, the long-term impact on its economy is still vague.
• These games were backed by amplification of sports properties in China.
• Today, the Chinese people have shifted their loyalty from the regional sports clubs, which I wrote about yesterday, to the International clubs like Manchester United, Real Madrid, etc.
• Private and foreign investments in the sports industry has increased. Also, their better integration of resources and developing an effective mode for the industry are something from which our authorities can learn a lot.

The Sports Industry is of great essence on both the micro and macro levels as it is so deeply and widely involved with the society. The Chinese authorities have made tremendous efforts to locate building and construction breakthrough. We can see a cyclical development of the Chinese Sports Industry through the events that we've discussed today and previously. They have also assured the development of athletics industry mass along with their healthy construction.
Thanks For Reading.

Thought Of The Day : - ''Successful indeed are those who are humble and who shun vain conversation''.