China’s Sports Goods and Related Product Manufacturing Achieves Total Output of 1.5251 Trillion Yuan in 2024, with An Added Value of 424.5 Billion Yuan

The National Bureau of Statistics of China and the General Administration of Sport of China jointly released the total output and added value of the national sports industry in 2024.
 
According to the data, the total output of China’s sports industry reached 3.8421 trillion yuan in 2024, with an added value of 1.6033 trillion yuan, accounting for 1.19 percent of the country’s GDP, marking an increase of 0.04 percentage points compared to the previous year. Among them, the total output of “sports goods and related product manufacturing” reached 1.5251 trillion yuan, accounting for 39.7% of the total output of the sports industry.

A closer look at the internal structure reveals that the value added of the sports service industry in 2024 reached 1.1548 trillion yuan, accounting for 72.0% of the value added of the sports industry, a decrease of 0.7 percentage points from the previous year. The value added of the manufacture of sports goods and related products came in at 424.5 billion yuan, accounting for 26.5% of the value added of the sports industry, an increase of 0.8 percentage points over the previous year. The value added of sports facilities construction stood at 24.0 billion yuan, accounting for 1.5% of the value added of the sports industry, a decrease of 0.1 percentage points from the previous year.