China unveils plan to boost ice & snow economy, targeting 1.5 trillion yuan by 2030

BEIJING, Nov. 7 (Xinhua) -- China has unveiled an ambitious plan to grow its ice and snow economy, targeting winter sports, tourism, and equipment manufacturing as key drivers of economic growth, with a projected value of 1.5 trillion yuan (approximately 211 billion U.S. dollars) by 2030.

The announcement builds on China's 2015 pledge to engage 300 million people in winter sports - a target reached before the 20