The World Series of Boxing has reached an agreement to hold the 2011 team and individual championships in Guiyang, the capital city of Guizhou province in China. The decision was taken to move the season finale events from Macau to mainland China in order to guarantee greater TV coverage and public attention, according to a report on the International Boxing Association (AIBA) website.
The WSB team finals will be held on the weekend of May 6-7 and the individual championships will take place three weeks later on the weekend of May 27-28. The five WSB individual champions will receive a quota place for the London 2012 Olympic Games.
The WSB champions will pick up US$500,000 in prize money, with the runners-up taking home US$ 150,000. The two losing teams in the semi-finals will each collect US$50,000. Each of the five individual champions will receive US$20,000 and the runners-up US$10,000.
WSB Chairman and AIBA President Wu Ching-Kuo welcomed the news of the agreement.
“The support from Guizhou province to host the team and individual championships of the World Series of Boxing in Guiyang is part of a broader commitment to develop boxing and sport in general in the region. I look forward to welcoming our WSB teams and the world's media to China's number one summer holiday destination for the WSB finals."
Guiyang is only a 90-minute flight from Hong Kong, offering easy access to teams traveling from all over the world.
In 2010, Guiyang also signed an agreement to hold the China Open, which is an AIBA three-star event, for the next 10 years.
Qingzhen city, which is a 30-minute drive from Guiyang city, is a summer training base for many Chinese national teams, including boxing, weightlifting, taekwondo, gymnastics and track and field. (http://www.worldseriesboxing.com