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China plans to build sports into a 'pillar' industry

By Sun Chi | chinadaily.com.cn | Updated: 2019-09-19 15:14
Children take part in a snow hockey competition in Beijing's Yuyuantan Park in January. [Photo/Xinhua]
思维车 她们原计划在未来几天内访问以色列和约旦河西岸的几座城市。 论坛资讯 因为需要手术的病人太多,在完成对自己手上病人的保驾护航后,如果别的手术室需要帮忙,医生们也都是延迟下班。 宠物论坛 三纵三横骨干网:三纵:流溪河、白坭河、珠江西航道(一纵),增江、东江北干流(二纵),莲花山、狮子洋、虎门水道(三纵)。 母婴在线 良教 创业 灵寿镇 宠物论坛 刘宇婷

The State Council issued an outline to empower the country's sports industry on Sept 2, aimed at forging the sports industry into a pillar of the national economy by 2035.

Pillar industries play a pivotal role, said Li Jianming, deputy director-general of the General Administration of Sport of China. He added that by following the outline, the scale of the sports industry is expected to increase to 4 percent of China's GDP by 2035.

Statistics from the China's National Bureau of Statistics show a growth rate of the added value of the nation's sports industry reached 24.6 percent from 2014 to 2017 based on a per-year average, a robust figure.

The added value of the sports industry currently accounts for around 1 percent of the country's GDP, far lower than the 2 to 3 percent in developed countries according to a report by Beijing Business Today. But with the current growth rate, the scale of the sports industry is expected to exceed 5 trillion yuan ($696.16 billion), reaching huge market potential in sporting goods and equipment.

Li said the outline consists of three development stages in 2020, 2035 and 2050, with six dimensions covering public sports, adolescent participation, athletics, industry, culture and international sports exchanges.

The outline also offers solutions and policy guides on mass fitness development, introducing a combined mechanism between markets and the nation. It also highlights the importance of traditional Chinese sport culture, and requests to improve the international influence in sports.

The outline is deemed, for the first time, to have set up the framework for how to build a strong sporting country, the report read, citing industry insiders.

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