Source: China – South China Morning PostChina is aiming to build a 7 trillion yuan (US$980 billion) sports sector by 2030 – complete with a series of “internationally influential” sports companies and events – as the world’s second-largest economy shifts to a consumption-driven mode, according to a new central government directive.
Seeking to spur economic growth through sports consumption, the 20-measure directive issued on Thursday by the State Council, China’s cabinet, vowed to promote low-altitude sports events, foster the “ice…Read More