The General Administration of Sports issued “Opinions on Further Promoting Basketball Reform and Development”. Among them, it is proposed to promote the opening up of professional basketball in an orderly manner. Encourage high-quality capital from overseas to invest in various domestic professional leagues at all levels, and create new professional tournaments according to law and regulations. Actively introduce high-quality overseas capital investment professional clubs, optimize the equity structure, connect with international resources, and improve profitability. Encourage high-quality overseas capital to enter the field of professional basketball services to carry out business such as talent training, brokerage services, and market development. Encourage high-quality overseas league companies, training institutions, and brokerage companies to set up regional headquarters and functional institutions in China.

The General Administration of Sports issued “Opinions on Further Promoting Basketball Reform and Development”. Among them, it is proposed to promote the opening up of professional basketball in an orderly manner. Encourage high-quality capital from overseas to invest in various domestic professional leagues at all levels, and create new professional tournaments according to law and regulations. Actively introduce high-quality overseas capital investment professional clubs, optimize the equity structure, connect with international resources, and improve profitability. Encourage high-quality overseas capital to enter the field of professional basketball services to carry out business such as talent training, brokerage services, and market development. Encourage high-quality overseas league companies, training institutions, and brokerage companies to set up regional headquarters and functional institutions in China.