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SOCHI nike vapormax grise clair , Feb. 13 (Xinhua) -- Zhang Hong's victory in the women's 1,000m speed skating on Thursday, which won China's first ever Olympic gold in the sport, will inspire the Chinese delegation at the Sochi Games, a top Chinese official said.

"It's a historical moment when Zhang ended China's Olympic gold drought in speed skating, a blue-ribbon event in winter sports," said Xiao Tian, deputy chef de mission.

"It is the heaviest gold medal for the country and we have been waiting for this for 22 years."

The 25-year-old Zhang clocked one minute and 14.02 seconds for the country's second gold in Sochi nike vapormax vert kaki , 0.67 seconds ahead of the Netherlands' triple-gold medalist Ireen Wust. Another Dutch woman Margot Boer got the bronze in 1:14.90.

It was the first time for China to win two golds on a winter Olympic day. Earlier, Li Jianrou triumphed in the women's 500m short track speed skating final.

China won its first Olympic speed skating medal in 1992 when Ye Qiaobo finished runner-up over both 1,000m and 500m. But the gold had never come until the Sochi Games.

"For so many times, we had narrowly missed it," said Xiao. "Ye Qiaobo, Xue Ruihong, Wang Manli...All these skaters had done their part in the sport. The gold medal is a reward to our efforts.

"This means a lot to the future of Chinese speed skating and it will raise the confidence of the Chinese team."

As a short track skater for seven years, Zhang Hong switched to speed skating six years ago.

"I think credit should go to Feng Qingbo nike vapormax kaki femme ," said Xiao. "As Zhang Hong's coach, Feng is open-minded and resourceful and he has an edge in training and strategy-making. It's fair to say that, without Feng, Zhang could not be so successful."

A worker pours newly manufactured soccer balls into a basket at a factory in Yiwu, East China's Zhejiang Province. Photo: IC

The ongoing 2016 UEFA European Championship, or Euro 2016, is huge in China, not just in terms of the number of fans but in business terms as well nike vapormax rose , experts said Sunday, noting that the games have brought a boom to the domestic market and a new business model in the sports industry.

There were approximately 1.2 billion views in China projected for the Euro 2016, currently taking place in France until July 10, according to media reports. Globally, each match is believed to attract about 147 million.

Euro 2016 brings high business value to the market, including broadcasts, sponsorships, ticket sales and derivatives development vapormax rose clair , said Zhang Qing, founder and CEO of Beijing Key Solution Sports Consulting.

Zhang told the Global Times Sunday that the tournament directly affects TV sales and snacks in China, and also affects the amount of tourism from China to Europe.

Orders of midnight snacks on leading food delivery platform ele.me has increased 12 percent on a monthly basis in the first week of the tournament, data provided by ele.me to the Global Times on Sunday shows.

According to chaoshi.tmall, one of the online shopping platforms of domestic Internet giant Alibaba, snacks like puffed food and beer reported rising sales from mid-May to mid-June, up 39.03 percent and 40.8 percent, respectively nike vapormax femme blanche , Beijing Business Today reported in June.

Also, sidewalk vendors and bars in the country have extended their hours. "Some bars in Zhanjiang district in Guangzhou, capital of South China's Guangdong Province, generated about 200 percent more revenue during games than regular hours," a bar employee surnamed Yi in Guangzhou told the Global Times on Sunday.

The tournament has likewise boosted the sales of products made in China, including souvenirs, fireworks and jerseys, according to experts.

New business model

More than just boosting consumption nike vapormax blanche , Euro 2016 has also prompted some new business models, experts noted.

"For instance, many online media platforms seized on the chance to place live broadcast anecdotes to its domestic audience," said Zhang with Key Solution Sports.

Ping An Insurance Group also launched an online insurance product for fans who stayed up late to watch matches, news portal sohu reported Friday.

Although the quality of domestic soccer games lags behind that of European countries, the average purchasing power of Chinese fans is stronger, and they are willing to spend money in this sector which will help nurture the future of domestic soccer, according to Zhang.

Illegal gambling

However vapormax noir homme , some of the businesses linked to the tournament has been shady, including online gambling, according to a report on the Ministry of Public Security's website on Sunday.

From June 16, public security bureaus in East China's Zhejiang Province, Northeast China's Liaoning Province and South China's Guangdong Province have busted 236 gangs allegedly engaged in gambling through foreign gambling websites, and seized over 28 million yuan ($4.21 million) in bets, noted the report.

The underground sports gambling industry, valued at about 5 trillion yuan a year nike vapormax noir , is hard to regulate, and the government should develop legal sports gambling, He Wenyi, executive director of the China Institute for Sports Value of Peking University, told the Global Times Sunday.

More European trips

While the games have benefited many businesses in China, the European economy, particularly the host country's, will also see an increased number of Chinese consumers as well vapormax be true acheter , according to Zhang Lingyun, director of the Tourism Development Academy at Beijing Union University.

Driven by Euro 2016, bookings to Europe soared in June, with self-guided tours to the continent from China rising 50 percent on a monthly basis, International Business Daily reported, citing data released by the Chinese online travel agency Ctrip.

By James Lee

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