In order to improve the level of competitive sports, some large-scale stadiums were built in the early days of the founding of the People’s Republic of China for athletes’ daily training and sports events. With the growth of the national economy and the emphasis on mass sports, the Chinese government began to vigorously build sports venues after the 1990s. However, just as the operation and management of large-scale stadiums is a worldwide problem, China’s large stadiums are also facing various problems such as imbalances in revenue and expenditure. In order to solve the problems, we must firstly clarify the operating status of China’s large stadiums and venues, especially what kind of operating and management models are adopted. On the other hand, with the reform of China’s economic system, various industries have seen changing their operation and management methods, as well as in sports venues. Therefore, this article adopts documentation collection and analysis, and data comparative analysis to understand the impact of China’s economic system reform on the changes in the management model of large stadiums and venues, as well as the types of management and operation models adopted by large stadiums in China at this stage. I hope this article could play a role in promoting an effective solution on the issue of management and operations of China’s large sports venues.