From winter sports to snow tourism, China is actively tapping into its ice and snow resources to create new growth drivers for the world’s second-largest economy, according to multiple officials and experts at a recent roundtable. Tourists are now more willing to pay for leisure and cultural activities related to ice and snow tourism, said… Continue reading China Taps Ice, Snow to Fuel Economic Growth
Tag: China Economic Roundtable
China’s Winter Economy Snowballing as Sports Event, Cultural Tourism Fuel Public Passion
Located in China’s northernmost province of Heilongjiang, Harbin Ice-Snow World, a breathtaking ice-themed park known for its dazzling ice sculptures, is now one of China’s hottest tourist destinations. During the eight-day-long Spring Festival holiday that ended Tuesday, over 610,000 trips were made to the park. Daily trips on Saturday exceeded 100,000, setting a new record… Continue reading China’s Winter Economy Snowballing as Sports Event, Cultural Tourism Fuel Public Passion
What to Watch About China’s Spring Festival Travel Rush
Chunyun, the world’s largest annual human migration, officially kicked off on Jan. 14 in China ahead of the Spring Festival. Authorities predict travel volumes will hit new highs during the 40-day travel rush. The latest episode of the China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency, spotlighted key trends shaping this… Continue reading What to Watch About China’s Spring Festival Travel Rush
Upgraded Services Improve Passenger Experience During Spring Festival Travel
China’s transport sector has enhanced services to ensure satisfying travel experiences for passengers and address the challenges posed by the large-scale movement of people, said the country’s transport authorities. Students and migrant workers are key groups during the Spring Festival travel rush, which kicked off on Jan. 14. This year, for the first time, certain… Continue reading Upgraded Services Improve Passenger Experience During Spring Festival Travel
New Records, Shifting Trends: China Embraces World’s Largest Annual Human Migration
This year’s Spring Festival travel rush is poised to set new records for travel numbers, marked by several notable changes, according to China’s transport authorities. The world’s busiest travel season, driven by the Chinese ritual of family reunions, kicked off on Jan. 14 this year. China is anticipating a record-breaking 9 billion inter-regional trips during… Continue reading New Records, Shifting Trends: China Embraces World’s Largest Annual Human Migration
Factbox: Expanded Domestic Demand Underscores China’s Economic Vitality, Potential
Domestic demand, which encompasses both consumption and investment, is a crucial engine for economic growth, linking the economy with societal well-being. As the effects of the country’s supportive policies continued to filter through, China saw a noticeable pickup in consumption growth and a stable increase in fixed-asset investment in October, noted guest speakers who joined… Continue reading Factbox: Expanded Domestic Demand Underscores China’s Economic Vitality, Potential
China Stimulates Domestic Demand To Strengthen Economic Upturn
As China navigates a complex global economic landscape, it seeks to stimulate domestic demand to tackle both immediate and long-term challenges. China’s policy for invigorating consumer spending and investment has produced results, according to guest speakers who joined the ninth episode of the China Economic Roundtable hosted by Xinhua News Agency, which was broadcast on… Continue reading China Stimulates Domestic Demand To Strengthen Economic Upturn
China’s Green, Low-carbon Development Nurtures New Opportunities: Official
China’s green and low-carbon development features bright spots and nurtures new opportunities, an official with the country’s energy administration has said. Wind power and photovoltaics have become major contributors to China’s newly added installed capacity and important forces in the country’s energy supply network, National Energy Administration official Pan Huimin said during the latest episode… Continue reading China’s Green, Low-carbon Development Nurtures New Opportunities: Official
China Focus: Raising Retirement Age A Proactive Response To Population Aging
China’s move to raise its statutory retirement age is a proactive and effective measure tackling the challenge of population aging, according to guest speakers at the China Economic Roundtable, an all-media talk platform hosted by Xinhua News Agency. According to a decision adopted by Chinese lawmakers on Friday, the statutory retirement age will be gradually… Continue reading China Focus: Raising Retirement Age A Proactive Response To Population Aging
Economic Watch: Vibrant Q1 Consumption Mirrors China’s Economic Stamina
China’s economic outlook remains positive as the country’s consumer spending surged in the first quarter (Q1) of 2024, signaling a strong contribution to domestic demand and overall economic growth China’s retail sales of consumer goods, a major indicator of the country’s consumption strength, climbed 4.7 percent year on year in Q1 2024, according to data… Continue reading Economic Watch: Vibrant Q1 Consumption Mirrors China’s Economic Stamina