SHANGHAI, Aug. 3 (Xinhua) -- NetEase, a leading Internet entertainment company in China, announced Saturday that it will invest over 5 billion yuan (725 million U.S. dollars) in building an e-sports eco-park in Shanghai.
Construction on the first phase of the project has been launched, said Ding Yingfeng, president of NetEase's game sector, at the 2019 Global E-sports Conference on Saturday.
The park, which is planned in Qingpu District, will cover game development, talent building and e-sports supporting facilities, including China's first large professional e-sports competition venue.
Shanghai reaffirms its goal to build a global e-sports capital and announced that it will hold an e-sports masters tournament during late November and early December at the conference.
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