National Sports Administration Releases 15th Five-Year Plan Targeting 7 Trillion Yuan Industry by 2030
Bastillepost · 2 SOURCESabout 3 hours ago2 MIN
Summary
The National Sports Administration has unveiled the "Sports Power Construction" 15th Five-Year Plan, which sets an ambitious target for the sports industry's total output to exceed 7 trillion yuan by 2030 . The plan's key priorities include advancing the development of football, basketball, and volleyball (collectively known as the "three major ball sports"), deepening international exchange and cooperation, and building the Greater Bay Area Sports Hub .
Hong Kong National People's Congress delegate and honorary vice-president of the Sports Federation and Olympic Committee of Hong Kong, Hu Xiaoming, expressed confidence in achieving the 7 trillion yuan target during an interview on a radio programme, noting robust growth in emerging sectors such as ice and snow sports and e-sports, as well as rising television broadcasting revenues .
Key Points
- National Sports Administration's "Sports Power Construction" 15th Five-Year Plan targets 7 trillion yuan in sports industry output by 2030
- Key tasks include promoting football, basketball, and volleyball, deepening international cooperation, and building Greater Bay Area Sports Hub
- Hu Xiaoming (Hu Xiu-ming), a Hong Kong NPC delegate and honorary vice-president of the HKSF&OC, highlighted strong growth in ice sports, e-sports, and TV broadcasting revenues as indicators the target is achievable
- Hu emphasized that team sports like the "three major ball sports" cultivate teamwork and discipline, with women's football, basketball, and volleyball showing particularly strong results
- Hu proposed hosting a "Belt and Road Games" in the Greater Bay Area to boost regional economy and tourism
Why It Matters
The plan signals Beijing's strategic intent to leverage sports development as both a public health tool and economic driver, with implications for Hong Kong's role as a regional sports hub and its integration into the Greater Bay Area . Hu's suggestion to host a "Belt and Road Games" could position Hong Kong as a key venue for international sporting events, potentially revitalizing the local economy and tourism sector through sports-related infrastructure and events .
The plan signals Beijing's strategic intent to leverage sports development as both a public health tool and economic driver, with implications for Hong Kong's role as a regional sports hub and its integration into the Greater Bay Area . Hu's suggestion to host a "Belt and Road Games" could position Hong Kong as a key venue for international sporting events, potentially revitalizing the local economy and tourism sector through sports-related infrastructure and events .