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China's economic recovery
EconomyChina Economy

Beijing bets on a US$1 trillion sports boom to revive consumption, job market

China is looking to leverage fitness and events to stimulate local economies, as new five-year blueprint aims to nearly double the economic output of the athletic sector

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Fans of Team Yangzhou celebrate a goal during a football match against Team Nanjing on August 15. Photo: China News Service via Getty Images
Mia Nurmamat

China plans to expand the scale of its sports industry to at least 7 trillion yuan (about US$1 trillion) over the next five years, turning to sporting events, outdoor activities and fitness spending to boost consumption and support local economies.

The fresh target was detailed by officials at a press conference on Thursday as part of Beijing’s 15th five-year plan for the sports sector, and the goal represents a big jump from the 3.84 trillion yuan recorded in 2024, according to the most recent data.

China’s General Administration of Sport said the country would cultivate home-grown event brands, improve the spectator experience, and use competitions to stimulate spending across dining, accommodation, transport, tourism, retail and entertainment.

Policymakers were also betting that the expansion would create jobs and support a broader commercial ecosystem centred on sporting events.

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