China’s Sports Goods and Related Product Manufacturing Achieves Total Output of 146.96 Million Yuan in 2023, with An Added Value of 383.2 Billion Yuan

The National Bureau of Statistics and the General Administration of Sport jointly released the total output and added value of the national sports industry in 2023.
 
According to the data, the total output of China’s sports industry reached 367.41 million yuan in 2023, with an added value of 149.15 million yuan, accounting for 1.15 percent of the country’s GDP, marking an increase of 0.07 percentage points compared to the previous year. Among them, the total output of “sports goods and related product manufacturing” reached 146.96 million yuan, accounting for 40% of the total of the sports industry.
 
National Sports Industry in 2023

A closer look at the internal composition reveals that the added value of the sports services sector stood at 108.49 million yuan in 2023, accounting for 72.7 percent of the sports industry’s added value and reflecting a 2.1 percentage point increase from the previous year. The added value of sports goods and related product manufacturing reached 383.2 billion yuan, contributing 25.7 percent of the industry’s total but representing a 2.1 percentage point decrease year-on-year. Meanwhile, sports facility construction maintained its added value at 23.4 billion yuan, accounting for 1.6 percent of the total, unchanged from the previous year.