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The Sustain Development of China’s Sports Industry
- Nov 17, 2018 -

In 2016, domestic sports industry only accounts for 0.9% of the gross GDP and lower than global percentage, which is 1.8%. With the promotion of government, the scale of domestic sports industry has reached 2 trillion RMB in 2017 and is estimated that it will archive 3 trillion RMB in 2020, which means the industry will amount to 1.0% of domestic gross GDP. Based on this rapid increase rate, the scale of the industry will be forecasted to reach 5 trillion RMB in 2025. Therefore, sports industry can be seen as a sunrise industry in current stage.