Expert insight | New changes on UEFA EUROs: growing maturity of Hisense and other Chinese brands
22 Jul 2024 19:18
The General Administration of Sport of China and the National Development and Reform Commission issued on January 4 the 2019-2020 plan for the continued stimulation of sports consumption in China.
According to the plan, by 2020, the national gross sports-related consumption should reach CNY 1.5 trillion. The percentage of sports-related consumption in an individual’s total consumption should be higher than before and the type of sports consumption people are engaged in should be more balanced.
To reach these goals, the plan aims to implement measures from seven aspects.
1. Enrich the offers of sports-related products and services. For example, fitness and leisure sports experiences, spectator sports events, sporting goods and services combining sports and other industry sectors.
2. Build a habit of doing sports-related consumption, by communicating more about sports and the culture of sports, by encouraging regular sports exercises among citizens and by hosting sports consumption-related conventions and exhibitions.
3. Enhance people’s sporting abilities, by organizing related lectures, increasing sports training businesses and raising the sporting skills of young people.
4. Expand spaces for consumption of sports. For example, to construct or create various types of sports spaces/complexes/campuses etc., and build more convenient sports facilities for regular leverage by residents.
5. Optimize the environment for developing sports-related consumption, which means government departments will transform their functions to help and accelerate market growth and continue to encourage and run industry exchange platforms to assist with information exchange and business transactions.
6. Provide support from government policies and regulations.
7. Enhance relevant protection measures of consumers in sports-related consumption.
Reference: www.gov.cn
Proofread by Raymond Fitzpatrick
Expert insight | New changes on UEFA EUROs: growing maturity of Hisense and other Chinese brands
22 Jul 2024 19:18
Interview with Andreas Zagklis: to keep popularization of basketball with all-round strategy
08 Jul 2024 16:14
Related coverage
Finnish brand ONE WAY to support seven Chinese winter sports teams at Beijing 2022
07 Aug 2018
GASC and CBA speak at National Sports Industry Development Conference
15 Jan 2018
2017 Chinese sports industry output officially announced
09 Jan 2019
China release list of sports venues to receive subsidies in 2019
09 Jul 2019
General Administration of Sport set up Winter Sports Development Fund
22 Oct 2018
More from Yutang Sports
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025
Expert insight | New changes on UEFA EUROs: growing maturity of Hisense and other Chinese brands
22 Jul 2024
Yutang Sports
loading...