China is set to transform its ice and snow economy into a major growth sector, with ambitious targets reaching an economic scale of 1.2 trillion yuan (approximately $160 billion) by 2027 and 1.5 trillion yuan by 2030.
The ice and snow tourism industry has seen remarkable growth, expanding beyond northeast China to other regions and gaining international popularity. This surge is fueling economic development and creating new opportunities for businesses and communities alike.
President Xi Jinping has been a strong advocate for the ice and snow industry, consistently highlighting its importance in multiple speeches and initiatives. His support has provided significant momentum, driving investments and innovations that are propelling the sector forward.
As China continues to invest in winter sports infrastructure and promote sustainable tourism practices, the ice and snow economy is poised to become a cornerstone of the nation's economic landscape, offering fresh perspectives and impactful growth in the coming years.
Reference(s):
cgtn.com