Analysis Of The Status Of China’s Sports Industry In The National Economy

Since China’s reform and opening up, especially after economic system reform, ourNational Sports Economy entered a rapid development stage, and National Sports Industryhas also ushered in a golden development period. With state’s vigorously support and correctguidance, National Sports Industry will inevitably face a prosperous development and highoutput. According to the relevant data provided by state general administration of sports,National Sports Industry’s contribution rate of national economy has increased nearly20%every year, which is much more than the level of national economy growth. Especially whennational12thfive-year plan put forward the goal of transform economic growth mode, it willbring develop opportunities to Sports Industry. However, since the added value of tertiaryindustry is relatively low at the moment, and industrial structure adjustment asked tertiaryindustry to gradually take the lead role in bringing economic growth, Sports Industry, as animportant component of tertiary industry, have significant affection in aspects like expandingdomestic demand and boosting economic growth. Meanwhile, as the upstream industry,Sports Industry’s growth is able to drive the development of related industry in second andthird industry, and optimize the whole economic structure. Sports Industry is becoming theconsumption and investment hotspot in China. In western countries, Sports Industry hasbecome the pillar industry, and its output value is higher than the traditional industries such asinsurance, legal services and etc. So we can say for sure that Sports Industry is a sunriseindustry in our country, and it has vast potential for future development. Because we are in themidst of the industrial structure transformation, how to develop Sports Industry has becomethe question that needed to be resolved urgently. Therefore, clarify the status of SportsIndustry in National Economy has certain academic and practical meaning for furtherdevelopment of Sports Industry.This thesis consists of three parts. The first part outlines the current develop status ofSports industry domestically and overseas, which compares the National Sports Industrydevelopment with of the Sports Industry development in United States, England and Japan.The second part is mainly a comparative analysis from many aspects such as added value, practitioners and contribution to the national economy, based on collected data. Besides, byquoting related statistic numbers, there’s analysis about the direct consumption coefficientsand completely consumption coefficients between Sports Industry and other industries, alsomiddle demand rate and middle TouRuLv, etc. The third part has come to conclusions of Keyissue of National Sports Industry development based on the multiple-angles-analysis:compared with other countries, the added value of China’s sports industry to GDPcontribution rate is relatively low; internal development of Sports Industry is not balanced;Sports Industry statistics system is not well established and the financing means are notsufficient. Then, according to the statistical analysis, the essay gives correspondingcountermeasures to the existing problems in Sports Industry development.