Olympic gold medal bonus system

Legal analysis: first of all, let's talk about whether the Olympic bonus is awarded by the Olympic Organizing Committee or by other organizations. What we need to be clear is that the International Olympic Committee has no financial reward for every Olympic champion. The so-called reward is the honor of gold medal and Olympic champion, which is also the most important point for all contestants. As for the awarding of prizes to Olympic champions by national Olympic committees, it depends on the situation. For example, Britain will not give any economic rewards to Olympic champions, because the British government believes that bonuses can not stimulate athletes' enthusiasm for participating in the competition, and only the honor of Olympic champions can make athletes flock to them.

Legal basis: Article 3 of the Sports Law of the People's Republic of China states that sports serve economic construction, national defense construction and social development. Sports should be included in the national economic and social development plan.

The state promotes the reform of sports management system. The state encourages enterprises, institutions, social organizations and citizens to establish and support sports undertakings.

Article 4 The sports administrative department of the State Council is in charge of national sports work. Other relevant departments in the State Council manage sports work within their respective functions and powers.

Sports administrative departments of local people's governments at or above the county level or institutions authorized by the people's governments at the corresponding levels shall be in charge of sports work within their respective administrative areas.

Article 5 The state gives special protection to the sports activities of teenagers, juveniles and children, and promotes their physical and mental health.