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Year-ender: 10 noteworthy economic stories in 2022
Updated: Dec 29, 2022
chinaservicesinfo.com
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Olympic fervor boosts China’s winter sports market
Driven by the Beijing Winter Olympics, business opportunities in China's ice and snow sports market have accelerated as hundreds of millions of Chinese have developed a "crush" on winter sports and foreign investors are eager to pitch in.
The market value is expected to exceed 800 billion yuan (about $113.41 billion) this year. By 2025, total revenue in China's ice and snow sector is expected to reach 1 trillion yuan, with more than 500 million people projected to participate in ice and snow activities,
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