China is setting its sights on the ice and snow economy as a new engine for national growth, aiming to reach an economic scale of 1.2 trillion yuan (about $160 billion) by 2027 and 1.5 trillion yuan by 2030. This ambitious goal reflects the country's commitment to leveraging its winter resources for economic development.
The ice and snow tourism sector, once predominantly popular in northeast China, is now blossoming across other regions and gaining international attention. From the snow-capped mountains of the northwest to the indoor ski resorts in the south, the enthusiasm for winter sports and related industries is spreading nationwide.
Central to this burgeoning industry is the strong support and vision of Chinese President Xi Jinping. He has emphasized the importance of developing the ice and snow industry on multiple occasions, providing strategic guidance that is propelling its growth. His insights not only highlight the economic potential but also underscore the cultural and social benefits of embracing winter sports.
Here are some of President Xi's key quotes on the ice and snow economy:
- \"Developing the ice and snow economy is an important part of promoting high-quality economic growth.\"
- \"We should turn ice and snow resources into treasures.\"
- \"Promote mass participation in ice and snow sports to improve people's health and well-being.\"
- \"The development of the ice and snow industry can drive the growth of related industries and boost regional economies.\"
Under his leadership, China successfully hosted the 2022 Winter Olympics, which served as a catalyst for the ice and snow industry. The event not only showcased China's capabilities on the global stage but also inspired millions to engage in winter sports.
Business professionals and investors are closely watching this sector for new opportunities. The planned expansion is expected to stimulate investments in infrastructure, tourism, sports equipment manufacturing, and services. Entrepreneurs are exploring innovative ways to capitalize on the growing interest in winter activities.
For the Asian diaspora and global travelers, China's emerging winter destinations offer unique experiences blending traditional culture with modern amenities. From ice festivals to skiing adventures, the ice and snow economy is opening new doors for cultural exchange and tourism.
Academics and researchers are also diving into studies on the sustainable development of this industry, looking at environmental impacts, economic benefits, and social implications.
As China pushes forward with its ambitious targets, the ice and snow economy is poised to become a significant contributor to the nation's economic landscape, reflecting President Xi Jinping's vision of turning natural resources into drivers of prosperity.
Reference(s):
cgtn.com
