Is this article correct? Help me, please.
The yearly Chinease speach contest for foriegner was held in Changsha this year. The contest is proved to be a good way that it will improve the comunication of cultures between China and other countries. It will provide a chance that youngers in the world learn about China.
From 87 countries, counted 127 participants, has gathered in Hunan Province to take part in the contest, which will start in July 6 and end with semi-final and final in August 5.
Speach is not the only one activity. It will be a chance for participants to visit the famous scenic spots and historical resorts in other parts of China.

Question

Is this article correct? Help me, please.
The yearly Chinease speach contest for foriegner was held in Changsha this year. The contest is proved to be a good way that it will improve the comunication of cultures between China and other countries. It will provide a chance that youngers in the world learn about China.
  From 87 countries, counted 127 participants, has gathered in Hunan Province to take part in the contest, which will start in July 6 and end with semi-final and final in August 5.
  Speach is not the only one activity. It will be a chance for participants to visit the famous scenic spots and historical resorts in other parts of China.

Answer

The yearly Chinese speech contest for foreigners will be held in Changsha this year. The contest is proved to be a good way to improve the communication between China and other countries. It will provide a chance for young people in the world to learn about China.
This year 127 participants from 87 countries will compete in the contest in Hunan Province which will start on July 6 and end with the semi-finals and the final on August 5.
Speech is not the only activity. It will be a chance for participants to visit the famous scenic spots and historical resorts in other parts of China.

Answer

The yearly Chinese speaking contest for foreigners will be held in Changsha this year. The contest has proved to be a good way to improve the communication between China and other countries. It will provide a chance for young people in the world to learn about China and other countries. This year 127 participants from 87 countries will compete in the contest in Hunan Province which will start on the 6th July and end with the semi-finals and final on the 5th August. Speaking is not the only activity. It will be a chance for participants to visit famous scenic spots and historical resorts in other parts of China.