CHINA CULTURAL INDUSTRY OVERVIEW

Sports industry

2014/10/22 16:42:05 From:China Cultural Industry Association

1In 2012, total workforce in China sports and sports-related industries numbered 3.7562 million, realizing added revenue of RMB 313.595 billion, a year-on-year growth of 14.44%.

China has hosted a series of sports events with enormous global influence. 2008 Beijing Olympic Games not only captured global attention but realized added value of RMB 6.421 billion, resulting in doubling of sports industry’s share in China’s overall GDP.

Today, China has become one of the fastest growing regions of sports products consumption, as great variety of sports products has catapulted its market size into more than 80% of the sports industry while maintaining 35% growth rate.