BEIJING, July 22 (Xinhuanet) -- Swiss first division club Young Boys has completed the signing of Chinese rising star Shi Jun from Chongqing Lifan, the Chinese Super League club said on Thursday.

The two clubs finally reached an agreement on Shi's move Thursday night after more than ten days' talks.

The contract is worth more than 500,000 euros, Chongqing club official Chen Hong said.

Chen said in a statement that Shi's move was a win-win affair for all three parties.

"For Shi Jun, it is quite a good chance that he can improve himself abroad and he can also make more money there.

For Chongqing club, it is the first time that our young people will play in Europe. It's glorious for the club and the fans."