Study of the Development of Chinese sports Industry in the Context of Supply-side Structural Reform

In recent years, China’s sports industry has witnessed rapid development, gradually forming an emerging strength in its Supply-side Structural Reform and thus increasingly being highlighted in the development of the national economy. Being integrated, society-based, green and sustainable, the spo...

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Main Authors: Fei Junjun, Wu Lingwei
Format: Article
Language:English
Published: Editorial Department of Contemporary Social Sciences 2019-01-01
Series:Contemporary Social Sciences
Subjects:
Online Access:https://css.researchcommons.org/journal/vol2019/iss1/7/
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author Fei Junjun
Wu Lingwei
author_facet Fei Junjun
Wu Lingwei
author_sort Fei Junjun
collection DOAJ
description In recent years, China’s sports industry has witnessed rapid development, gradually forming an emerging strength in its Supply-side Structural Reform and thus increasingly being highlighted in the development of the national economy. Being integrated, society-based, green and sustainable, the sports industry is gaining popularity among the Chinese people. This paper studies the overall development of Chinese sports industry during the 12th FiveYear Plan period (2011-2015) and unveils the key achievements it made, such as the expansion of scale, the diversification of products and services, the improvement of industry policies, the apparent upgrading and optimization of the industry’s structure and its further integration with the Internet. However, there are still some problems in the development of China’s sports industry & Chinese sports industry accounts for a fairly low proportion in the gross domestic product (GDP) and cannot yet compare with those of developed countries. Besides, given that its the sports services make up only a small share and that a supply-demand imbalance still exists in the sports products and services, its industrial structure requires further upgrading and optimization. In addition, failure to fully stimulate an innovation initiative restricts this industry’s further development. Targeting the bottleneck facing Chinese sports industry and corresponding path selection, this paper mainly analyzes its institutional mechanism reform, structural upgrading and layout, product quality improvement and talent supply optimization. Based on the analysis, it is concluded that the development of Chinese sports industry is of great importance to China’s economic transformation, upgrading and healthy development and it echoes the call of Supply-side Structural Reform.
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spelling doaj.art-b171688ca70d436aa26b7175672b18462023-03-02T06:03:32ZengEditorial Department of Contemporary Social SciencesContemporary Social Sciences2096-02122019-01-0110.19873/j.cnki.2096-0212.2019.01.007Study of the Development of Chinese sports Industry in the Context of Supply-side Structural ReformFei Junjun0Wu Lingwei1Sichuan Academy of Social SciencesSichuan Academy of Social SciencesIn recent years, China’s sports industry has witnessed rapid development, gradually forming an emerging strength in its Supply-side Structural Reform and thus increasingly being highlighted in the development of the national economy. Being integrated, society-based, green and sustainable, the sports industry is gaining popularity among the Chinese people. This paper studies the overall development of Chinese sports industry during the 12th FiveYear Plan period (2011-2015) and unveils the key achievements it made, such as the expansion of scale, the diversification of products and services, the improvement of industry policies, the apparent upgrading and optimization of the industry’s structure and its further integration with the Internet. However, there are still some problems in the development of China’s sports industry & Chinese sports industry accounts for a fairly low proportion in the gross domestic product (GDP) and cannot yet compare with those of developed countries. Besides, given that its the sports services make up only a small share and that a supply-demand imbalance still exists in the sports products and services, its industrial structure requires further upgrading and optimization. In addition, failure to fully stimulate an innovation initiative restricts this industry’s further development. Targeting the bottleneck facing Chinese sports industry and corresponding path selection, this paper mainly analyzes its institutional mechanism reform, structural upgrading and layout, product quality improvement and talent supply optimization. Based on the analysis, it is concluded that the development of Chinese sports industry is of great importance to China’s economic transformation, upgrading and healthy development and it echoes the call of Supply-side Structural Reform.https://css.researchcommons.org/journal/vol2019/iss1/7/supply-side structural reformthe sports industryindustrial upgradinginnovation
spellingShingle Fei Junjun
Wu Lingwei
Study of the Development of Chinese sports Industry in the Context of Supply-side Structural Reform
Contemporary Social Sciences
supply-side structural reform
the sports industry
industrial upgrading
innovation
title Study of the Development of Chinese sports Industry in the Context of Supply-side Structural Reform
title_full Study of the Development of Chinese sports Industry in the Context of Supply-side Structural Reform
title_fullStr Study of the Development of Chinese sports Industry in the Context of Supply-side Structural Reform
title_full_unstemmed Study of the Development of Chinese sports Industry in the Context of Supply-side Structural Reform
title_short Study of the Development of Chinese sports Industry in the Context of Supply-side Structural Reform
title_sort study of the development of chinese sports industry in the context of supply side structural reform
topic supply-side structural reform
the sports industry
industrial upgrading
innovation
url https://css.researchcommons.org/journal/vol2019/iss1/7/
work_keys_str_mv AT feijunjun studyofthedevelopmentofchinesesportsindustryinthecontextofsupplysidestructuralreform
AT wulingwei studyofthedevelopmentofchinesesportsindustryinthecontextofsupplysidestructuralreform