What is playing is "Athletes' March".
"Athletes' March" is a march composed in 1971. It was completed by three musicians, Wu Guangrui, Jia Shuang, and Li Mingxiu, who were working in the Chinese People's Liberation Army Military Band at that time.
In China, this piece of music is frequently used. In addition to being used in various sports games, this tune is used in unit meetings, award ceremonies, and many group activities. In our country, institutions, enterprises, schools, etc., when engaging in group activities, need some music to set off the atmosphere, and "Athletes' March" has become the first choice.
Extended information:
Creative background
In 1971, in order to prepare for the Asian Table Tennis Friendly Tournament held in Beijing, relevant departments requested the Chinese People’s Liberation Army Military Orchestra to compose A "Athletes' March". Within a few days, seven or eight comrades had the single melody score of "Athletes' March". After careful consideration, everyone agreed that the main melody written by amateur creator Wu Guangrui was good, but it still needed further processing.
The leadership decided to send professional creators Jia Di and Wu Guangrui to complete this glorious task. In order to write "Athletes' March", Wu Guangrui watched their sports competitions with the athletes many times, read relevant sports materials, and repeatedly listened to some famous marches at home and abroad. After the labor of Wu Guangrui and other comrades, this "Athletes' March" was finally born.
Baidu Encyclopedia-Athletes’ March