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Chinese Gold Winner Likely to Win Large Bonus Back at home
Though unconfirmed yet by the State, Chinese gold medalists at the ongoing Olympiad are likely to net in large sum of cash awards back at home, which include several categories of bonus.
According to State rule, the state will award each gold winner with a cash of 80,000 yuan (US$9,673), while silver and bronze medalists will get receive 50,000 yuan (US$6,045 ) and 30,000 yuan (US$3,627) respectively. The first gold winner also has an additional 80,000 yuan (US$9,673).
Meanwhile, some sports organizations will also hand out awards for the medalists with cash, with Track and Field Federation and Water Sports Centre both likely to offer one million yuan (US$120,918) for each gold medalist in their spheres.
A report added that a retired Chinese weightlifter has offered to give the first Chinese weightlift champion 180,000 yuan (US$21,765) on behalf of the Weightlifting Association, and provide 300,000 yuan (US$36,275) for one who earns two golds.
Besides awards from the State, some local governments also offered to award gold medalist coming from their region. Central China's Hubei Province has decided to deliver 100,000 yuan (US$12,091) for a champion. For silver and bronze medalists, the sum will be 80,000 yuan (US$9,673) and 60,000 yuan (US$7,255) respectively.
At the sametime, some cash-rich enterprises and companies have also offered to award Chinese medalists with huge-sum prize. A real estate company in South China's Shenzhen Special Economic Zone has promised to grant the first champion for China with a house worth one million yuan (US$120,918).
Grants from Chinese enterprises and advertisement contracts will also enrich Chinese gold medalists' pockets with cash.
It is expected that China's first gold winner Tao Luna is likely to collect several million yuan with her single gold.
(Source: chinadaily.com.cn)
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