In the process of urbanization in China, the stadium industry is undoubtedly its symbolic industry. Under the leadership of the government, there are more and more stadiums and gymnasiums in China. With the new development upsurge of tennis in China, the tennis venue industry has accelerated its own construction and improvement in order to meet the growing consumer groups and realize the organic combination of public welfare and efficiency, especially in the capital cities of various provinces in China, the concentration of tennis venues has been further improved. Through the analysis of the number of tennis venues in the capital cities of China, we can know that A+ tennis venues account for a considerable proportion, which is conducive to stimulating the competitiveness of the tennis venue industry and improving the overall service level and economic benefits of the industry.
However, the proportion of stadiums and gymnasiums completely dominated by the market in China is still very small, and the government is still the main investor. There is an embarrassing situation of insufficient supply and idle venues in the tennis stadium industry. The current market structure is not conducive to the gradual globalization, specialization and marketization of the tennis stadium industry, which reduces the market concentration of the tennis stadium industry. Product differentiation determines that even at the same price, the market share of enterprises in different markets is different.
From this point of view, the products of the tennis stadium industry are quite different. Compared with the other three types of venues, the cost of grass is the highest, while the cost of hard ground is the lowest. Take tennis venues in four municipalities directly under the central government as an example, the highest rental price can reach several hundred yuan per hour, and the developed eastern regions are generally higher than the central regions, followed by the western regions. From the internal and external factors, the entry barriers of tennis stadium industry are on the decline. China has made full use of domestic and foreign markets and resources, introduced advanced production technology and management methods, and diversified investment and financing situation has emerged in tennis venue construction, and the venue management mode has gradually separated ownership and use rights.