China is carving a new path to economic growth by embracing the ice and snow industry. Under the guidance of Chinese President Xi Jinping, the country aims to expand this sector significantly, targeting an economic scale of 1.2 trillion yuan (about $160 billion) by 2027 and reaching 1.5 trillion yuan by 2030.
The ice and snow tourism sector has been heating up, not just in northeast China but across other regions and even internationally. From thrilling skiing adventures in mountainous terrains to mesmerizing ice festivals that light up the night, the industry is capturing the imagination of people worldwide.
President Xi has highlighted the importance of developing the ice and snow economy on multiple occasions. He emphasizes turning the natural chill of China’s vast cold regions into a hotbed of economic activity. This vision provides strong momentum for growth, encouraging investments in infrastructure, tourism, and sports facilities.
“We should make ice and snow resources more valuable, turning them into a silver and gold mountain for the people,” President Xi has stated, inspiring a nationwide movement to harness these natural assets.
The burgeoning industry not only boosts economic development but also offers new opportunities for cultural exchange and international collaboration. As interest in winter sports and tourism grows globally, China’s focus on the ice and snow economy positions it as a leader in this emerging market.
For young people in the Global South, China’s innovative approach showcases how countries can leverage their unique resources to drive growth and prosperity. The ice and snow economy is more than just seasonal fun—it’s a testament to visionary leadership and sustainable development.
