Article 70 of the Sports Law of the People's Republic of China The state supports and regulates the development of sports industries such as sports goods manufacturing and sports services, and promotes the integrated development of sports and health, culture, tourism, old-age care and science and technology.
Article 71 The state supports the innovative development of the sporting goods manufacturing industry, encourages enterprises to increase investment in research and development, and adopt new technologies, new processes and new materials to promote the transformation and upgrading of the sporting goods manufacturing industry.
The state fosters service formats such as fitness and leisure, competition performance, venue service, sports brokerage and sports training, and improves the level and quality of sports service industry.
Eligible sports industries enjoy preferential policies such as finance, taxation and land according to law.
Article 72 The State shall improve the development system of professional sports, expand the development channels of professional sports, support the professional development of athletes and coaches, and improve the maturity and standardization level of professional sports.
Professional sports clubs should improve the internal governance mechanism and corporate governance structure, and give full play to the role of market players.