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China returns to UCI WorldTour with Wanda deal

BEIJING (Reuters) - China will return to global cycling's most prestigious circuit with a new stage race next year after the country's richest man, Wang Jianlin, announced an agreement with the sport's governing body (UCI) on Thursday.

The first race, part of a revised UCI WorldTour calendar, will be held in southern China's Guangxi autonomous region next October, organizer Dalian Wanda Group and the UCI revealed at a joint event in Beijing.

China previously hosted the five-stage Tour of Beijing from 2011-14 and the new event marks a continuation of a spree of deals Wang has reached to improve the country's sport sector.