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Wednesday, January 16, 2019, 14:04
China targets 1.5 trillion yuan in sports consumption by 2020
By Xinhua
Wednesday, January 16, 2019, 14:04 By Xinhua

This Dec 10, 2018 photo shows students practicing skiing at a ski ranch in Chongli of Zhangjiakou city, North China's Hebei province. (PHOTO / XINHUA)

BEIJING — Sports consumption in China is expected to reach 1.5 trillion yuan (about US$221 billion) by 2020, according to a two-year national plan for boosting sports consumption issued on Tuesday. 

China's General Administration of Sport and its National Development and Reform Commission released the plan to expand domestic sports consumption with an aim of steady growth in per capita consumption expenditure. 

ALSO READ: China to boost sports industry to 2 trillion yuan by 2025

The plan focused on the development of recreational sports including water sports, outdoor sports, and marathon to stimulate consumption, while the Beijing 2022 Olympic Winter Games will provide an opportunity for the winter sports industry to undergo a boom in growth. 

READ MORE: Beijing sees robust development in winter sports

According to the plan, China will also provide more facilities for the public to exercise in order to inspire a general commitment to lifelong wellness. 

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