China mulls including high-quality sports industry development in new five-year plan
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E-mail Xinhua, November 30, 2019
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Chinese authorities will push for the inclusion of high-quality sports industry development into the 14th Five-Year Plan (2021-2025).
The country will focus on programs like national fitness and outdoor sports when planning for the high-quality development of the sports industry, according to a Friday teleconference attended by the General Administration of Sport, the National Development and Reform Commission, and other departments.
The meeting also stressed upgrading public stadiums and establishing a sports industry investment fund.
China has pledged to be a leading sporting power and turn the industry into one of the pillars of the national economy, according to documents released earlier this year.
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