Core Insights - The WTT China Grand Slam 2025 event concluded successfully in Shijingshan District, generating direct revenue of approximately 154 million yuan and significantly increasing foot traffic and overall revenue in the area [4][5][6] - The event exemplifies Beijing's transition from a "dual Olympic city" to a "sports event capital," showcasing the robust development of sports economy [4][5][6] Economic Impact - The total consumption in Shijingshan District during the first five days of the National Day and Mid-Autumn Festival holiday reached nearly 320 million yuan, indicating a strong economic boost from the event [4] - The successful hosting of the WTT event has elevated public enthusiasm for sports and explored new models for integrating sports events with economic development [5][6] Urban Development - Shijingshan District has transformed from an industrial area into a hub for sports and technology, leveraging its historical significance and Olympic legacy to attract major events like the WTT China Grand Slam [6][7] - The district's industrial structure has shifted from a 7:3 ratio of primary to secondary industries to a 1:9 ratio, with GDP surpassing 100 billion yuan, reflecting a successful economic transformation [6][7] Future Prospects - With China's GDP per capita exceeding 10,000 USD, the sports industry is poised for significant growth, particularly in Beijing where it has surpassed 20,000 USD [7] - Shijingshan District is implementing a three-year action plan (2025-2027) to promote high-quality development of the sports economy, aiming to establish a sustainable event economy [7][8]