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Added value of China's sports industry totals 1.12t yuan in 2019

Updated: Jan 04,2021 07:05 AM    Xinhua

BEIJING — China's sports industry saw its added value hit 1.12 trillion yuan (about $171.7 billion) in 2019, up 11.6 percent from one year earlier, official data shows.

Sports services dominated the industry with a 67.7 percent share in total added value, up 2.9 percentage points year-on-year, according to calculations from the National Bureau of Statistics.

At current prices, fitness and leisure registered a 74.4 percent growth in added value, boasting the fastest pace among all sub-sectors, while the added value of sports ground and facility construction surged 41.7 percent year-on-year.

In 2019, the total size of China's sports industry expanded 10.9 percent year-on-year to 2.95 trillion yuan.

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