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 The Wanda Group is the first Chinese company to sign as a FIFA Partner.

The agreement was announced at FIFA headquarters in Zurich, in the presence of new FIFA President Gianni Infantino.

"I am very pleased and proud that I came today announce a new sponsor, a new partner for FIFA, and this new partner for FIFA is coming from China, and it's the Wanda Group. We've just signed one hour ago, and the partnership¹ agreement between the Wanda Group and FIFA. And I'm very proud as the FIFA president to welcome Wanda to the FIFA team."Under the partnership, Wanda Group will have the highest level of sponsorship rights, which includes the next four FIFA World Cups.

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The financial size of the partnership has not been revealed, but it is believed to be one of the biggest in FIFA's history.

Wanda Group chairman Wang Jianlin is on record saying that he hoped their cooperation with FIFA will enhance the development of soccer in China,Wanda Group currently operates in a number of sectors² including property, retail³, sports, hotels, film and stores.

Last year, Dalian Wanda purchased a 20% stake in Spanish La Liga football team Atletico Madrid, while fellow Chinese company CMC took a 13% stake in the parent group of Manchester City.

Gianni Infantino says it's a strategic plan for FIFA to team up with a Chinese company because of the vast market potential.

"It is an important contract I can tell you, and you know I been signing in my past life so many important contracts but this one is very very important and it makes me very very happy. I am looking forward to this partnership, because it's obviously also an important strategic partner for the future, ink a company from China, which is obviously a very important country."It is the first big deal signed under FIFA President Gianni Infantino's reign⁴, and the first since the scandals that engulfed⁵ the organization.

He said the Wanda partnership will help with the continuing development and growth of the game in China and elsewhere.

Though the scandal has brought significant losses to FIFA, including legal fees, Infantino is confident about the organization's future.

"I cannot change the past but I can influence the future, together with the executive committee, together with the council, together with the association, together with you as well, we can influence the future, and make sure that we will face all the challenges, and turn them into opportunities."

1 partnership   

n.合作关系，伙伴关系

参考例句：

• The company has gone into partnership with Swiss Bank Corporation.这家公司已经和瑞士银行公司建立合作关系。
• Martin has taken him into general partnership in his company.马丁已让他成为公司的普通合伙人。

2 sectors   

n.部门( sector的名词复数 )；领域；防御地区；扇形

参考例句：

• Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
• Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》

3 retail   

v./n.零售；adv.以零售价格

参考例句：

• In this shop they retail tobacco and sweets.这家铺子零售香烟和糖果。
• These shoes retail at 10 yuan a pair.这些鞋子零卖10元一双。

4 reign   

n.统治时期，统治，支配，盛行；v.占优势

参考例句：

• The reign of Queen Elizabeth lapped over into the seventeenth century.伊丽莎白王朝延至17世纪。
• The reign of Zhu Yuanzhang lasted about 31 years.朱元璋统治了大约三十一年。

5 engulfed   

v.吞没，包住( engulf的过去式和过去分词 )

参考例句：

• He was engulfed by a crowd of reporters. 他被一群记者团团围住。
• The little boat was engulfed by the waves. 小船被波浪吞没了。 来自《简明英汉词典》