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China's household appliance giant Haier Group signed a deal in
Qingdao on Friday with the Organizing Committee of the 2008 Olympic Games
(BOCOG), becoming the official
white goods sponsor of the games.
¡¡¡¡Wang Wei (L), vice executive chairman of the Organizing Committee of the
2008 Olympic Games (BOCOG) and Zhang Ruimin, CEO of Haier Group, hold a souvenir
after the household appliance giant signed a deal with the BOCOG to become the
official white goods sponsor of the games in Qingdao, a coastal city in East
China's Shandong Province, Friday, August 12, 2005. [newsphoto]
¡¡¡¡Haier Group, headquartered in Qingdao, the coastal city that will host
sailing events during the 2008 Games, will provide funds, products and related
services to the Beijing 2008 Olympics and Paralympics, BOCOG, the Chinese
Olympic Committee and the Chinese sports delegations to the Turin 2006 Winter
Olympics and 2008 Olympics.
¡¡¡¡The Marketing Plan of the 2008 Olympic Games includes partnership,
sponsorship, suppliership and licensing programs. Partnership, sponsorship and
suppliership grant enterprises four-year exclusive marketing and promotion
rights, while the licensing program authorize companies to produce and sell
products with the official Olympic logo only after paying royalities to BOCOG.
¡¡¡¡BOCOG has signed nine partners so far, including Germany's automobile giant
Volkswagen, Sinopec, CNPC, China Mobile and Bank of China, and four sponsors. It
is scheduled to launch the suppliership program by the end of this
year.()
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