
China’s Snow and Ice Economy: Driving New Consumption Trends
China’s snow and ice economy is booming, driven by health-conscious consumers and government support, set to reach 1 trillion yuan by 2025.
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China’s snow and ice economy is booming, driven by health-conscious consumers and government support, set to reach 1 trillion yuan by 2025.
China celebrates its 16th National Fitness Day, highlighting the rapid development of its sports industry through innovative government policies and a commitment to public health and mass sports participation.
The global sports industry is set to hit $796.8B by 2025, with China’s sports sector leading rapid growth and innovation.
China’s booming sports industry, valued at 3.3 trillion yuan in 2022, plays a crucial role in driving the nation’s economic and social development, according to Gao Zhidan.
The 19th Asian Games in Hangzhou kick off with 12,000 athletes from 45 nations, offering a blue ocean of opportunities to transform China’s sports industry through innovation and investment.