Core Insights - The demand for sports events is driving the professionalization, marketization, and scaling of industries such as competition performance, fitness, leisure, and sports training, leading to an upgrade in industry capabilities and higher requirements in operations, technology, and talent [1][2] - The "ticket economy" is creating a ripple effect, stimulating explosive growth in various consumption sectors, with ticket sales acting as a lever for related consumption, significantly boosting local economies [2] - Despite the rapid growth of the sports event economy, challenges remain, including the inability of some events to maintain lasting impact and the concentration of major events in developed eastern regions, necessitating a focus on sustainable development [3] Industry Development - The value of sports event IP is rapidly increasing, with top events achieving record-high revenues from copyrights and sponsorships, and diversified revenue streams being developed [1] - The influx of external spectators is directly stimulating consumption across the entire chain, including dining, accommodation, tourism, transportation, and shopping, resulting in substantial direct income for local economies [2] - The demand for events is prompting a restructuring and upgrading of the industry chain, with significant growth in orders for construction, security, and equipment related to venue expansion and smart upgrades [2] Cultural and Economic Integration - Emphasizing the importance of cultural roots in enhancing urban attractiveness and competitiveness, local cultural elements are being integrated into sports events to create unique experiences [4] - Cross-industry integration is essential for the prosperity of sports culture and the event economy, with initiatives combining sports with tourism and commerce to create new economic growth points [4] - Coordinated regional development is crucial, requiring innovative mechanisms to bridge gaps between regions and promote differentiated and characteristic event development paths [5]