NetEase announced Saturday that it will invest over 5 billion yuan (725 million U.S. dollars) in building an e-sports eco-park in Shanghai.

 

网易宣布将投资50亿元人民币（7.25亿美元）在上海建造一座电子竞技生态园区。

 

Construction on the first phase of the project has been launched, said Ding Yingfeng, president of NetEase's game sector¹, 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 venue².

 

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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