Core Viewpoint - The 15th National Games is fostering closer ties and interactions among the Guangdong-Hong Kong-Macao Greater Bay Area through sports events, with significant participation from all three regions [1][11]. Group 1: Event Participation and Experience - Over 6,000 participants from mainland China are expected to compete in Hong Kong and Macao, while more than 3,000 participants from Hong Kong and Macao will compete in mainland China [1]. - The event is enhancing the experience of spectators, as evidenced by Hong Kong resident Kwan Pak-cho's positive remarks about the convenience of traveling to Zhuhai for the event [3]. - Participants and spectators are enjoying the unique experience of watching national-level competitions while also appreciating the scenic views of the Greater Bay Area [3][4]. Group 2: Volunteer Engagement - Nearly 50,000 volunteers are participating in the event across the three regions, showcasing a strong spirit of community and support for the games [7][10]. - Volunteers in Macao, Hong Kong, and Guangdong are actively contributing to the smooth operation of the events, with specific examples of individuals taking pride in their roles [9][10]. Group 3: Economic and Cultural Impact - The 15th National Games is acting as a catalyst for regional sports consumption and is injecting new momentum into the high-quality development of the sports industry [11][15]. - The integration of sports events with local attractions, such as the flower festival in Shenzhen, is enhancing the overall experience for visitors and promoting local tourism [11][13]. - The sports industry in China is experiencing significant growth, with the production value of sports equipment rising from 1.12 trillion yuan in 2015 to over 1.5 trillion yuan, marking a 34% increase over ten years [15].

Core Viewpoint - The recent release of the "Opinions on Releasing Sports Consumption Potential and Further Promoting High-Quality Development of the Sports Industry" by the State Council aims to set a direction for the next phase of sports industry development, targeting a total scale of over 7 trillion yuan by 2030 [1][2]. Group 1: Sports Industry Scale and Growth - The sports industry total scale increased from 2.66 trillion yuan in 2018 to 3.67 trillion yuan in 2023, with an annual compound growth rate of approximately 9.6% needed to reach the 7 trillion yuan target by 2030 [2]. - The value added of the sports industry rose from 1 trillion yuan to 1.49 trillion yuan during the same period, with the sports service sector's scale growing from 1.27 trillion yuan to 2.1 trillion yuan, increasing its share from 47.9% to 57.3% [2]. - The average growth rate of the sports industry value added was 11.6% from 2021 to 2023, despite the impact of the pandemic [2]. Group 2: Key Measures and Initiatives - The "Opinions" document outlines 6 key areas with 20 specific measures, emphasizing the importance of events, which are mentioned 32 times [3]. - It proposes the establishment of special policies for sports event economic development and the cultivation of a multi-level event system to enhance the quality of professional events [10][11]. - The document also highlights the need to develop a batch of sports enterprises and events with international influence as a crucial strategy to achieve the 7 trillion yuan goal [1][10]. Group 3: Economic Impact of Sports Events - Sports events have shown significant potential in driving economic growth, with an example from Shandong indicating that 739 events generated direct economic benefits of 4.6 billion yuan and indirect benefits of 11.3 billion yuan in the first half of the year [10]. - The China Open tennis tournament attracted around 300,000 attendees last year, generating over 80 million yuan in ticket sales and a consumption multiplier effect of 1:7.1 in the surrounding area [10]. - The continuous development of sports events is expected to create new demands for facilities and sports equipment, with the sports equipment industry growing from 1.12 trillion yuan in 2015 to over 1.5 trillion yuan [11].