BoC provides 30b yuan for winter sports

Bank of China, the first official partner of the 2022 Olympic and Paralympic Winter Games, announced its Winter Olympics action plan on Tuesday by providing 30 billion yuan ($4.8 billion) for China's winter sports and industry from now to 2024.

With the theme of "Taking part in winter sports together", BoC's action plan aims to encourage 30 million Chinese families and 100 million Chinese people to take part in winter sports and give a boost to the sports industry.

Beijing will be the only city to host Summer and Winter editions of the Olympic Games. BoC is the only bank in China to have served both the 2008 and 2022 Olympics.