China's sports industry unleashes potential in the past decade

BEIJING, Oct. 31 (Xinhua) -- Exemplified by sports manufacturing and tourism, China's sports industry has experienced rapid growth over the past decade.

In July, top-tier international cycling team Astana Qazaqstan announced that it had reached a five-year investment agreement with Shenzhen Xidesheng Bicycle, making Xidesheng the first Chinese cycling company to appear in the UCI World Tour.

Xidesheng, fo