VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
On January 8 the General Administration of Sport of China and the National Bureau of Statistics of the People’s Republic of China released statistics of the Chinese sports industry’s value for the year 2017. The report shows that both the overall output and the added value of the industry had increased compared to 2016.
The 2017 overall output of the sports industry is CNY2.2 trillion, 15.7% higher than 2016, and the overall added value is CNY781.1bn, 20.6% more than 2016.
The manufacturing of sporting and relevant goods sector still accounts for the largest share of the overall output, reaching CNY1.35092 trillion for output and CNY326.46bn for added value, which is respectively 12.9% and 14% more than 2016.
The sports services sectors which includes all sectors except the manufacturing of sporting and relevant goods sector and the construction of sports venues and facilities sector, have continued to grow in terms of percentage in the overall industry output -- from 55% in 2016 to 57% in 2017.
Sports events and shows sector and the sports fitness and leisure activities sector have particularly demonstrated great growth -- 39.2% and 47.5% more than 2016 respectively.
As more sports facilities and infrastructures have been built in China, the construction of sports venues or facilities sector demonstrated clear growth as well -- 94.7% more than 2016.
Relevant reading:
2016 Chinese sports industry output officially announced
China’s Sports Industry worth RMB 1.7 trillion in 2015
Reference: The General Administration of Sport of China website
Proofread by Raymond Fitzpatrick
Related coverage
China releases 2018-2020 plan for the cycling industry
15 Jan 2018
China to build 300km of fitness paths for each county
19 Mar 2018
China’s Sports Industry worth RMB 1.7 trillion in 2015
28 Dec 2016
Finnish brand ONE WAY to support seven Chinese winter sports teams at Beijing 2022
07 Aug 2018
CGAS release list of sports industry research bases
14 Dec 2017
More from Yutang Sports
Squash will be significantly boosted by LA28 inclusion
17 Apr 2024
Interview with Nicolas Maurer: Becoming Mainstream and at the Forefront of French Esports Industry
04 Oct 2023
SportAccord Summit 2024 Logo Unveiled
29 Nov 2023
Leading sports charity, Podium Analytics, announces Trusted Research Environment for Global Sport
11 Apr 2024
SportAccord 2024 - sport as a ‘powerful, transformative tool’ under spotlight at CityAccord
29 Mar 2024
Yutang Sports
loading...