SHANGHAI * China has begun building a 5.8 billion yuan (S$ 1.19 billion) facility it hopes will be the envy of e-sports and seal its push to make Shanghai the international capital of the fast-growing professional gaming market.

The Shanghai International New Cultural and Creative E-sports Centre is set up for completion in 2023, the Chinese authorities and media stated.

Authorities in the Shanghai district of Minhang that is home to the centre stated they desire it to end up being “a trip website” for e-sports lovers from all over the world.

As soon as ended up, it will boast a 6,000-seater e-sports place, a five-star e-sports-themed hotel and a museum dedicated to gaming, district authorities stated.

The state-of-the-art hub will span 500,000 sq m and “accommodate numerous domestic and foreign e-sports-related enterprises”, the district financial development committee stated following Monday’s ground-breaking event.

Leading Shanghai sports main Luo Wenhua informed the AFP in 2018 that the Chinese city “has proposed to become the capital of e-sports”.

In September and October in 2015, Shanghai hosted the League of Legends world championships, one of the most prominent events in e-sports.

Chinese team Suning lost to South Korea’s Damwon Video gaming in the last at Pudong Football Stadium in front of more than 6,000 viewers, bucking the pattern in a year when many sports occurred behind closed doors due to the fact that of the coronavirus pandemic.

China, which has actually an estimated 720 million gamers, will host the tournament once again this year.

According to games market research study firm Newzoo, worldwide e-sports earnings were anticipated to grow an estimated US$ 1.1 billion in 2015, a year-on-year development of 15.7 percent. The worldwide audience was likewise anticipated to grow to 495 million people, a year-on-year growth of 11.7 percent.

A China Daily report said in 2015 that e-sports is experiencing a boom in the nation, becoming an essential driving force boosting the development of the domestic video gaming sector.

Significant cities and provinces, such as Hainan province, Shanghai, Chongqing and Hangzhou, have been actively completing to end up being the country’s brand-new e-sports hub.

The competition within the substantial country is easy to understand.

Xiao Hong, chief executive officer of Perfect World, which helped arrange The International 2019, the world’s biggest Dota 2 e-sports competition, discussed: “E-sports will … empower other industries, creating a variety of new companies in terms of tourist, finance, e-commerce and training. Therefore, it will generate brand-new momentum in the economy and bring more advancement opportunities for cities.”

E-sports has also been progressively acquiring ground in terms of acceptance and recognition from traditional sports officials.

In 2019, it remained in the programme for the SEA Games in the Philippines as a medal sport.

It has also been included in next year’s Asian Games in Hangzhou. It was a presentation sport at the 2018 edition in Palembang, Indonesia.