The Business of Sports in China: The Quiet Stretch of Investment in the Sports Sector
China's Sports Sector, worth 1.5 trillion yuan in 2016, is expected to double in value by 2020 and could be worth up to 5 trillion yuan by 2025 with an annual GVA of 1.7 trillion yuan or roughly 1.2%-1.5% of national GDP by 2025. Growing public interest in athletic events coupled with the Government's efforts with the Healthy China 2030 plan to promote a healthy life style, which is essential to economic and social development.