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Price of Asiad gold medal differs from country to country

11-25-2010 16:19 BJT Special Report:Guangzhou Asian Games |

What is the gold content of an Asiad gold medal? First, it refers to the price of the gold medal itself. By reference to the standards of the Olympic Games, a Guangzhou Asian Games gold medal is made of sterling silver accounting for about 93 percent of its entire weight, and its appearance is electroplated with pure gold. A gold medal weighs 244.5 grams. The market price is no more than 10,000 yuan. Second, it refers to how much money prize an athlete can receive after winning a gold medal. Third, it refers to the other values contained in a gold medal.

Tao Li won the gold in women's 50-meter butterfly final

How much money will an Asian Games gold medal athlete be awarded? Different countries have different standards. For example, Chinese athletes will be awarded about 50,000 yuan by the state and another 50,000 yuan by their local governments. Therefore, they can obtain a total of about 100,000 yuan in bonuses, which is far less than that of the National Games gold medals. South Korea will award a gold medalist about 1 million won, equivalent to around 8,000 yuan, while Japan awards nothing to a gold medalist. However, there also are some generous countries, such as Singapore, which will award their gold medalists at least 200,000 Singapore dollars, equivalent to 1 million yuan.

Countries that offer general bonuses

China normally awards 50,000 yuan to gold medalists

How much money will Yuan Xiaochao be awarded? Yuan won the first gold medal for China at the Guangzhou Asian Games. According to an employee from the Shanxi Sports Bureau, the monetary award will not be higher than that of the National Games. "The bonus for a gold medal at the 2009 National Games was 200,000 yuan and that of the Asian Games gold medals in Guangzhou will certainly not be higher than that." That is to say, plus the monetary award from the Shanxi Sports Bureau, Yuan's bonus was about 200,000 yuan, which can be said is the highest among Chinese gold medalists.

For the Doha Asian Games, the State Sports General Administration gave 30,000 yuan for a gold medal and the provinces and cities gave another 30,000 yuan. It is said that the prize has been increased to 50,000 yuan for the Guangzhou Asian Games. Usually, the money prize from local sports bureaus is the same amount as that from the state. Put together, the prize is far less than half of that for the National Games.

The Guangzhou Asian Games Organizing Committee (GAGOC) has added a "World Record Prize" for the Guangzhou Games. Athletes or teams that break a world record will not only obtain a tailor-made medal inlaid with a one-carat diamond but also be awarded 10,000 U.S. dollars, which has never been done before in the history of the Asian Games. So far, only Li Ping from China has won the special medal, which indirectly reflects the low competitive level at the Asian Games. Few athletes break world records.

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