Beijing's sports industry institutions exceeded 15,000, hitting a record high.

On September 24th, it was learned from the municipal Market Supervision Bureau that as of the end of August this year, the number of sports institutions in the city has exceeded 15,800, maintaining a stable growth trend every year and reaching a historical high. The sports industry in Beijing shows the dual driving characteristics of "the rise of emerging forces and the stability of traditional foundations." Among them, institutions that have been operating for less than 3 years account for over 30% of the total, benefiting from policy support, consumer upgrades, and the dividend of sports events economy. They have been rapidly rising in recent years and expanding their service scope, becoming an important source of industrial innovation vitality. At the same time, although institutions that have been operating for over 10 years do not account for a high percentage, they have accumulated nearly 40% of the registered capital. With abundant resource reserves and brand effects, they have become stabilizers for the development of the industry.