Core Insights - The sports industry in China has shown a steady growth, with an average annual growth rate exceeding 10% over the past five years, reaching a total scale of 3.67 trillion yuan in 2023 [1][2] - The contribution of the sports industry to the national economy is increasing, with its value added growing at an average rate of 11.6%, accounting for 1.15% of GDP in 2023 [1][2] - The ice and snow industry is experiencing rapid growth, projected to reach 970 billion yuan by 2024, with an annual growth rate of 26.3% [1][2] Industry Structure and Quality - The structure of the sports industry is improving, with the sports service sector, led by competition and performance industries, increasing its share of value added from 68.7% in 2020 to 72.7% in 2023 [2] - The number of national-level specialized and innovative "little giant" enterprises in the sports manufacturing sector is expected to reach 146 by the end of 2024, more than doubling since 2022 [2] - High-tech products such as carbon fiber bicycles and smart fitness equipment are becoming more prevalent in households, enhancing innovation and competitiveness in the sports sector [2] Outdoor Sports Development - The outdoor sports industry is projected to see approximately 200 million online consumers and a total consumption exceeding 300 billion yuan by 2024 [2] - The number of fitness trails has reached 171,800, with a total length of 407,500 kilometers, and the number of flying and automotive camps has reached 2,055 [3] - Water sports participation is expected to exceed 120 million people, with an industry scale of 438.6 billion yuan, reflecting an 18.7% year-on-year growth [3] Event-Driven Economic Impact - In the first half of the year, key sporting events in seven provinces generated over 16 billion yuan in related consumption, averaging over 30 million yuan per event [4] - The government plans to develop policies to enhance event economies, improve event supply, and strengthen the coordination between events and the industry to stimulate consumption and economic growth [4]

Core Insights - The sports industry in China has shown a steady growth with an average annual growth rate exceeding 10% over the past five years, reaching a total scale of 3.67 trillion yuan in 2023, with a value added of 1.49 trillion yuan [1][2] - The contribution of the sports industry to the GDP has increased, with a value added growth rate of 11.6% annually, accounting for 1.15% of GDP in 2023, moving closer to becoming a pillar industry [1][2] - The ice and snow industry has experienced significant growth, expanding from 381.1 billion yuan in 2020 to 970 billion yuan by 2024, with an average annual growth rate of 26.3% [1] Industry Structure and Quality - The structure of the sports industry is improving, with the sports service sector, led by competition and performance industries, increasing its share of the industry's value added from 68.7% in 2020 to 72.7% in 2023 [2] - The number of national-level specialized and innovative "little giant" enterprises in the sports sector is expected to reach 146 by the end of 2024, more than doubling since 2022 [2] - The application of advanced materials and technologies in sports is enhancing product innovation and competitiveness, with high-tech products like carbon fiber bicycles and smart fitness equipment becoming more common [2] Outdoor Sports Development - The outdoor sports industry is projected to see approximately 200 million online consumers and a total consumption exceeding 300 billion yuan by 2024 [2] - As of 2024, there are 171,800 fitness trails totaling 407,500 kilometers, and 2,055 flying and automotive camps across the country, indicating a growing infrastructure for outdoor activities [3] - The participation in water sports is expected to surpass 120 million people, with the industry scale reaching 438.6 billion yuan, reflecting an 18.7% year-on-year growth [3] Event-Driven Economic Impact - In the first half of this year, key sporting events in seven provinces generated over 16 billion yuan in sports and related consumption, averaging over 30 million yuan per event, highlighting the role of sports in boosting domestic demand [4] - The government plans to develop policies to promote event economics, enhance event supply, and strengthen the coordination between events and the industry to further stimulate consumption and economic growth [4]

Group 1 - The Shandong Provincial Government is promoting the integration of sports, culture, and tourism to stimulate consumer activity and economic growth [1] - Shandong has a natural advantage in hosting high-end sports events due to its rich outdoor sports venue resources [1] - The provincial sports bureau plans to host 200 national-level events by 2025, with a focus on attracting international and domestic major events [1][2] Group 2 - There is an emphasis on cultivating and enhancing local brand events, aiming for a structure where every city has a brand and every county has a unique event [2] - The province aims to increase the visibility and influence of traditional events like the Taishan International Climbing Competition and the Yellow River Estuary Marathon [2] - Plans include hosting 50 marathons with over 5,000 participants and 500 large-scale events with over 1,000 participants throughout the year [2] Group 3 - The development of the outdoor sports industry is a priority, with initiatives to encourage various outdoor activities such as climbing, hiking, and mountain biking [3] - The province is supporting the establishment of outdoor sports facilities, including driving and aviation centers, ski resorts, and water sports training centers [3] - The "Good Luck Shandong" outdoor sports station initiative aims to create a comprehensive service system for outdoor activities, including an information platform and a WeChat mini-program [3]

Core Viewpoint - The article explores the emerging "emotional consumption" trends in Japan, particularly focusing on the sub-industries and products that have developed among young consumers during Japan's economic transformation [3]. Group 1: Emotional Consumption Categories - The article identifies three categories of emotional consumption that have emerged in Japan, which include unique accommodation, Emo and Chill consumption, and energy drink industries [3][4]. Group 2: Unique Accommodation Industry - The "waste school homestay" trend is highlighted, where old buildings are repurposed into hotels, providing differentiated experiences for consumers [4]. Group 3: Emo and Chill Consumption - Instant imaging cameras, such as Polaroids, are experiencing a resurgence despite the competition from smartphone photography, driven by outdoor activities and nostalgia [4]. - The market for solo camping is growing, reflecting a trend towards individual outdoor experiences [4]. Group 4: Energy Drink Industry - Energy drinks that focus on alleviating negative emotions and promoting sleep are gaining popularity among consumers [4].