Sports In Hong Kong Essay Example

growth highlights the competitiveness of Hong Kong on a national level, emphasizing the benefits of prioritizing sports to foster high-performance sports within Hong Kong. This will help attain a higher position in the sporting field. However, land scarcity remains an obstacle for further sports development hindering entrepreneurial opportunities and limiting social & economic progress. Nonetheless, according to the 2013 Policy Address, substantial effort has been made by the government towards developing Sports Institutes like HIS (Hong Kong Sports Institute) that has undergone reconstruction/renovation along with construction underway at Mute-purpose Sports Complex (MASC.) located at Aka Take indicating positive support towards sports developments despite challenges faced due to lack of space.According to a 2009 study by the Community Sports Committee of the Sports Commission, less than half of those interviewed believed that sports facilities were sufficient, with 39% finding them inadequate. This is in contrast to countries like Brazil and the United Kingdom where being an athlete can be a career choice. The inadequacy of public facilities hinders local athletes' performance and results in a lack of competitive edge in international races. Therefore, there is a need for prioritizing sports by constructing more professional facilities for both public use and player training. However, this may come with economic sacrifices as it requires significant capital investment such as building infrastructure, providing human resources, disseminating event information, and promotional expenses. This makes it challenging for beginners in sports development to reach a breaking point. Additionally, there is intense debate on whether Hong Kong should bid to host the 2023 Asian Games due to concerns about its potential negative impact on economic growth. Despite these concerns, further sports development

would benefit Hong Kong's status and tourism in the long term.According to research conducted in 2014 by The Statistic Portal on "International Sports Federations marketing revenue receipts from Olympic summer games 1992 to 2012", there has been a consistent increase in revenue generated from the Olympic Games every year. The report shows that the 2012 London Olympic Games earned a total of $519 million LOS dollars. It has also been demonstrated, through Legal's "Financial and Economic Assessment of the Proposed 2023 Asian Games in Hong Kong" report, that hosting international sporting events can have positive impacts such as enhancing reputation and improving social cohesiveness. Therefore, it is clear that sports development should not be underestimated for its economic and reputational benefits.

In conclusion, participating in sports is beneficial for overall wellness and physical health, with exercise playing an important role in maintaining good health. Prioritizing sports is essential for promoting high-performance sport in Hong Kong, but due to inadequate availability of facilities for local citizens and athletes additional resources are required. Although there may be short-term economic losses associated with investing in sports development, these are outweighed by the long-term positive effects on Hong Kong's economy and image.