Quotable

"China's sports industry has huge potential but there are few enterprises that would like to invest in it, due to strict government control on sporting resources and event approval. The monopoly on recourse and administrative powers provides a breeding ground for corruption, which should be changed."

Wei Jizhong, former secretary-general of the Chinese Olympic Committee and sports industry veteran

"Sports governing departments charge administration fees but don't offer equivalent services or support. The heavy bureaucracy has affected investor enthusiasm in the market and made it difficult for non-governmental organizations to take part in the sports industry."