Diversity needed to beef up industry
By Sun Xiaochen | China Daily | Updated: 2016-12-28 07:29
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People ride skeletons on Tuesday at the launch of an ice and snow festival at Yuyuantan Park in Beijing. The event will run until Feb 25.Liu Ping / For China Daily |
Despite seeing steady growth, China's sports industry is still immature and should shift its focus from manufacturing to service and entertainment sectors, according to researchers.
A report released on Tuesday by the General Administration of Sport shows preferential policies and a growing public awareness about fitness have helped the industry develop at a steady pace, especially the manufacture of sporting goods.
The gross industrial value stood at 1.7 trillion yuan ($245 billion) at the end of last year, indicating average year-on-year growth of 21 percent since 2011, the report said, citing data from the National Bureau of Statistics.
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