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Frontiers in Sport Research, 2020, 2(3); doi: 10.25236/FSR.2020.020312.

The Impact and Restriction of Socio-economic Downturn on the Development of Sports Industry

Author(s)

Yue Gu1,*

Corresponding Author:
Yue Gu
Affiliation(s)
1 College of Physical Education, Hunan International Economics University, Changsha 410205, China
*Corresponding author e-mail:[email protected]

Abstract

The development of social economy will directly affect the development of sports industry. The rapid development of sports industry will also promote the development of social economy. However, due to the gradual acceleration of social and economic development, the lack of matching preferential policies, shortage of managerial personnel and shrinking sales of sports products have gradually restricted the development of sports industry. Based on this, after affirming that the development of sports industry can play a positive role in social economic growth. This paper analyzed the development status of China's sports industry, and studied the impact and constraints of the social and economic downturn on China's sports industry. Then it puts forward corresponding countermeasures and suggestions for the development of China's sports industry.

Keywords

sports industry, society, economy, impact

Cite This Paper

Yue Gu. The Impact and Restriction of Socio-economic Downturn on the Development of Sports Industry. Frontiers in Sport Research (2020) Vol. 2 Issue 3: 42-46. https://doi.org/10.25236/FSR.2020.020312.

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