Business Brief (July 23): China’s $1 Trillion Sports Industry Push

Published: Jul. 23, 2026 5:39 p.m. GMT+8

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China targets $1 trillion sports industry

China released a 15th Five-Year Plan for building a sports powerhouse, aiming to expand the total scale of the sports industry to more than 7 trillion yuan ($1 trillion).

The plan also mandates a crackdown on toxic fan culture in sports and aims to prevent competitive sports and athletes from becoming overly commercialized.

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