SPORTACCORD 2024 INSIGHTS: Sport’s Perfect Storm
23 May 2024 14:34
Guangdong Province has released an analysis report for its 2017 sports industry at a recent sports forum held in Guangzhou.
As the report shows, sports product manufacturing, with its overwhelming advantages in overall output, added value and number of employees, played a dominant position in Guangdong sports industry structure.
The report has made it clear that the local government has made great efforts in fields such as sports industry laws and regulations, sports industry big data platforms, the organization of sports-related work, management and guidance of the capital market, and coordination of different professional sports.
According to earlier statistics, Guangdong generated an overall output of 320.8 billion yuan in 2015, representing 1.37 percent of the provincial GDP.
In May 2017, Guangdong launched a plan suggesting that by 2015, the fitness leisure industry in the province is expected to reach 500 billion yuan.
Source: sport.gov.cn
Proofread by William Logsdon
Interview with Thomas Lund: to follow new trends and bring younger generations to the sport
17 Jun 2024 16:00
Related coverage
Capitals have crowded into Chinese sports industry
16 Jun 2015
08 Jun 2016
BoYang Investment to partner with Sabadell CE
07 Dec 2015
China’s changing attitudes towards investing in overseas sports properties
08 Jan 2018
Wanda and HBN lead the move to invest in winter sports
03 Aug 2015
More from Yutang Sports
SPORTACCORD 2024 INSIGHTS: Harnessing the Soft Power of Sport
13 May 2024
SPORTACCORD 2024 INSIGHTS: Major Technology Trends Shaping Sports Sector
03 Jun 2024
SPORTACCORD 2024 INSIGHTS: Paris 2024 here we come!
02 Jul 2024
Interview with Andreas Zagklis: to keep popularization of basketball with all-round strategy
08 Jul 2024
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
Yutang Sports
loading...