[Economy]
China's lottery sales up 7.6% in 2024
by Shine
February 7, 2025[Economy]
Share Article:
China's lottery ticket sales rose 7.6 percent year on year to 623.49 billion yuan (US$86.96 billion) in 2024, data from the Ministry of Finance showed on Friday.
Sales of lottery tickets to support the country's welfare system reached 207.96 billion yuan in 2024, an increase of 7 percent from a year earlier.
Lottery ticket sales to support the sports industry rose 7.9 percent year on year to 415.53 billion yuan, the ministry said.
In December last year, the country's lottery ticket sales hit 57.57 billion yuan, rising 8 percent year on year.
Under China's lottery management rules, funds raised from ticket sales are used for administrative expenses and public welfare projects, and to fund prizes.
Share Article:
In Case You Missed It...
Latest Articles
FEATURED
[Economy]
China's Factory Output Picks Up in August as Retail Sales Cool
@ Wang Yanlin
Sep 15, 2026
[ECONOMY]
China's Factory Output Picks Up in August as Retail Sales Cool
@ Wang YanlinSep 15, 2026
Sep 15, 2026
[Economy]
China's Consumer and Industrial Prices Rebound in August
China's August CPI and PPI reversed monthly declines due to increased energy costs, seasonal food consumption, and industrial upgrading.
[Economy]
Shanghai Lowers Minimum Down Payment, Widens Fund Usage to Boost Property Market
Shanghai issues new policies, including lowered minimum down payment ratio and expanded usage of housing provident fund, to further spur home buying.
[Economy]
China Industrial Support Turns to Equity Investment From Cash Splash
Direct subsidies are giving way to government stakes in the future returns of companies and sectors.
