Association between evergrande FC's club debt and Chinese super league's profitability from 2014 to 2019

Liu, Zeyong; Liu, Yuqian; Bu, Te; Matić, Radenko; Corilic, Dusan; Casaru, Catalina; Zhang, Yang

doi:10.3389/fspor.2023.1095250

Cited by 2 publications

(1 citation statement)

References 31 publications

(22 reference statements)

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“…Throughout this process, the Chinese government has integrated a range of digital technologies to address the issue of carbon emissions, environmental protection, and meet the increasing demands for sports facilities [ 43 ]. Other newly constructed stadiums and associated facilities, which have been financed by private entities [ 44 ], also have state-of-the-art digital infrastructure to fulfill the future demands of mega events. Moreover, China has been utilizing its vast expertise to assist in the construction and upgrading of sports venues and digital infrastructures in foreign countries in recent years [ 45 ].…”

Section: Empirical Evidence From the Grey Relational Analysismentioning

confidence: 99%

Systematic evaluation of integration between China’s digital economy and sports industry: Two-stage grey relational analysis and vector autoregressive model

Sun,

Su,

Zhou

et al. 2024

PLoS ONE

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Objectives The development of the digital economy constitutes a key component of China’s endeavors to advance towards “Digital China.” The sports industry functions as a new catalyst for high-quality economic growth. This study systematically evaluated the integration between these two sectors. Methods First, we conducted two levels of grey relational analysis to assess their integration between 2016 and 2021. Second, we conducted a VAR analysis to determine whether their integration between 2009 and 2021 represents a causal relationship. Results At the macro level, the grey relational analysis reveals that the sports industry (grade = 0.770) ranked second among China’s eight key economic sectors in terms of digital economy integration. At the meso level, a wide variation (ranging from 0.606 to 0.789) existed in the grade of integration between the digital economy and the sub-sectors of the sports industry. According to the VAR model, the digital economy does not Granger cause (p = 0.344) the growth of the sports industry. Conclusions This study yielded two added values to the existing literature: First, there exists a sectoral imbalance in the digitization process; second, the explosive growth of the sports industry was not primarily caused by the digital economy. Accordingly, the “sports + digital” complex is still in the first wave of technological integration. We propose three policy recommendations, namely, sectoral synergistic development, overtaking via esports IP, and new economy and new regulation. Collectively, these findings provide updated insights for the digital transformation towards “building a leading sports nation” and “Digital China.”

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Section: Empirical Evidence From the Grey Relational Analysismentioning

confidence: 99%

Systematic evaluation of integration between China’s digital economy and sports industry: Two-stage grey relational analysis and vector autoregressive model

Sun,

Su,

Zhou

et al. 2024

PLoS ONE

Self Cite

View full text Add to dashboard Cite

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Chinese Path to Sports Modernization: Fitness-for-All (Chinese) and a Development Model for Developing Countries

Bin

Yao

et al. 2023

Sustainability

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This policy review overviews the Chinese path to sports modernization within the theoretical framework of the Chinese path to modernization, which is centered on the principle of Fitness-for-All. Over a century of endeavors, the modernization of sports in China has created a new and comprehensive sports civilization in a developing country with a large population and inadequate sports resources. The essence of the Chinese path to sports modernization can be summarized as a people-centered process of sports modernization led by the Communist Party of China that relies on a top-level design with universal participation and seeks to develop a diverse global sports governance. The development of Chinese sports will not only make a transformative contribution to China’s commitment to its second Century Goal, but it will also provide a renaissance for the ancient Chinese philosophy of health first into a people-centered modernization theory, and contribute a Chinese blueprint for the pursuit of the advancement of cross-cultural, diverse world sports civilizations and sustainable development goals.

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Association between evergrande FC's club debt and Chinese super league's profitability from 2014 to 2019

Cited by 2 publications

References 31 publications

Systematic evaluation of integration between China’s digital economy and sports industry: Two-stage grey relational analysis and vector autoregressive model

Systematic evaluation of integration between China’s digital economy and sports industry: Two-stage grey relational analysis and vector autoregressive model

Chinese Path to Sports Modernization: Fitness-for-All (Chinese) and a Development Model for Developing Countries

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