Core Viewpoint - The Harbin municipal government has made significant progress in implementing the "14th Five-Year Plan," achieving key development goals and enhancing the city's overall quality and reputation amidst challenges such as the pandemic and complex economic conditions [3][4]. Economic Development - The regional GDP has surpassed 600 billion yuan, with per capita GDP increasing by 21% compared to 2020 [4]. - Investment in R&D is projected to reach 2.69% of GDP in 2024, up by 0.4 percentage points from 2020 [4]. - The number of national key laboratories has increased to 13, and the number of national-level enterprise technology centers has reached 15 [4]. - The city ranks 35th among the "2024 Advanced Manufacturing Cities," improving by 8 positions since 2020 [4]. Reform and Opening Up - The business environment has improved, with over 1.2 million operating entities, an increase of 312,200 since 2020 [5]. - The total import and export value has grown at an average annual rate of 17.2% over the first four years of the "14th Five-Year Plan," leading among sub-provincial cities [5]. - The city has successfully hosted major exhibitions, enhancing its international cooperation and trade capabilities [5]. Cultural and Tourism Development - Harbin hosted the 9th Asian Winter Games, achieving historical milestones in organization and participation [6]. - The city received 179 million tourists, with total tourism expenditure reaching 231.42 billion yuan, marking increases of 32.2% and 36.7% year-on-year, respectively [6]. - The ice and snow economy is projected to exceed 160 billion yuan in 2024, accounting for 60.7% of the provincial and 16.5% of the national market [6]. Urban Quality Improvement - The first "multi-plan integration" land use plan has been approved, and significant infrastructure projects have been completed, including the full operation of Metro Line 3 [7]. - Over 1 million households have benefited from housing improvements and urban renewal projects [7]. - The number of days with good air quality increased from 303 in 2020 to 311 in 2024 [7]. - The average annual growth rate of disposable income for urban and rural residents has outpaced GDP growth by 1.1 and 2.6 percentage points, respectively [7].

Core Points - The Daxing'anling region's fourth Polar Forest Ice and Snow Carnival opened on November 1, marking the start of winter ice and snow tourism in Heilongjiang [1] - The Mohe North Polar Ski Resort is one of the northernmost outdoor ski resorts in China, with a ski season lasting from early November to mid-April, providing a six-month opportunity for skiing [1] Industry Developments - The Mohe North Polar Ski Resort has constructed a new ski run and upgraded visitor facilities, including the visitor center and equipment hall, to enhance the overall experience for tourists [2] - The resort has acquired 500 new sets of ski equipment to meet the diverse needs of visitors [2] - Additional winter activities such as snow tug-of-war, snow football, and snowmobiles are available, contributing to a lively atmosphere at the resort [2] Future Plans - For the 2025 winter season, Mohe City plans to introduce new attractions such as an ice and snow sightseeing train, a gold mining town ice and snow park, and a racing sports crossing camp [2] - The city aims to enhance visitor experience and satisfaction through initiatives like the Winter Care for Tourists program [2]

中国最北滑雪场首滑拉开黑龙江冰雪旅游大幕 中新社漠河11月1日电 (记者 姜辉)11月1日，大兴安岭地区第四届极地森林冰雪嘉年华开幕式暨漠河北 极滑雪场2025冬季首滑式举行，率先拉开黑龙江今冬冰雪旅游大幕。 漠河是中国最北城市，全年平均气温约-3.5℃，极端最低气温达-53℃。漠河北极滑雪场作为中国位置最 北、纬度最高、雪期最长的室外滑雪场之一，超长滑雪期可从11月初一直持续到第二年4月末。 1日上午，漠河北极滑雪场里人头攒动，伴着皑皑白雪，大批游客与滑雪爱好者齐聚于此，体验冰雪运 动，领略冰雪美景。 "平时也喜欢滑雪，听说漠河这边滑雪场开得早，特意过来体验一下。"山东游客耿跃潮在雪道上滑了一 段表示，漠河北极滑雪场雪道宽敞开阔，视觉观感佳。 11月1日，大兴安岭地区第四届极地森林冰雪嘉年华开幕式暨漠河北极滑雪场2025冬季首滑式举 行。 邵天李 摄 记者从漠河市文旅部门获悉，2025年冰雪季，漠河市将深挖最北、最冷等优势资源，打造更多情景化、 沉浸式产品包，景点群和线路套餐，冰上龙舟赛以及神州北极过大年等冰雪嘉年华系列活动，全新推出 冰雪观光小火车、赛车运动穿越营等新玩法、新场景，不断提升游客体验感和满意 ...

哈尔滨市政府副秘书长，哈尔滨市发改委党组书记、主任李亚飞介绍，哈尔滨市特色文旅活力迸 发。成功举办哈尔滨第九届亚冬会，筹办时间之短、参赛规模之大、不新建场馆均创造亚冬会历史，成 为中国首个"双亚冬之城"。 中新网哈尔滨10月30日电（记者 刘锡菊）30日，由哈尔滨市人民政府新闻办公室主办的高质量完 成"十四五"规划系列主题新闻发布会(第一场)举行。记者从会上获悉，冰雪文化和冰雪经济正成为哈尔 滨高质量发展的新动能和对外开放的新纽带，2024年冰雪经济总规模超1600亿元。 30日，由哈尔滨市人民政府新闻办公室主办的高质量完成"十四五"规划系列主题新闻发布会(第一 场)举行。刘锡菊 摄 上合组织冰雪体育示范区总部基地建成投用，国家冰雪运动学院获批建设，亚布力滑雪旅游度假区 入选国家高质量户外运动目的地名单。中央大街、中华巴洛克历史文化街区人气攀升，冰雪旅游"火爆 出圈"，冰雪大世界荣评"国家文化出口重点企业"，2024年太平国际机场进出港旅客达2379.8万人次， 继续保持东北第一，全市接待游客1.79亿人次、旅游总花费2314.2亿元，分别同比增长32.2%、36.7%， 创历史新高，连续8年荣膺全国十佳冰雪 ...

Core Viewpoint - The establishment of the Jilin Province Ice and Snow Economy Fund, with a total scale of 500 million yuan, aims to promote high-quality development in the ice and snow economy, focusing on areas such as ice and snow tourism, sports, and technology [1][2]. Group 1: Fund Establishment and Objectives - The fund was established in response to the Jilin Provincial Government's strategic directive for high-quality development in the ice and snow economy, with a rapid setup process of only 10 months from policy deployment to signing [1]. - The fund will explore new cross-industry integration models such as "ice and snow + performance," "ice and snow + cableway," and "ice and snow + events" [1]. - The Jilin Provincial Investment Management Group aims to transform the fund into a financial lever for industrial upgrading and to ensure it generates productivity, competitiveness, and brand strength in the region [3]. Group 2: Collaboration and Strategic Goals - The collaboration between Jilin Provincial Investment Management Group and Shaanxi Tourism Group aligns with the latter's goal of creating a trillion-level cultural tourism industry cluster, establishing a solid foundation for deeper cooperation between the two provinces [2]. - The partnership signifies a transition from "resource complementarity" to "capital integration," marking a new era of cooperation focused on financial empowerment, urban integration, and shared benefits [2]. - The fund is expected to address challenges in the cultural tourism sector, such as high investment costs, long cycles, and slow returns, providing valuable insights for the high-quality development of the national cultural tourism industry [2].

Core Viewpoint - The establishment of a 500 million yuan Jilin Province Ice and Snow Economy Fund aims to promote high-quality development in the ice and snow tourism, sports, and technology sectors, leveraging cross-industry integration opportunities [1][2]. Group 1: Fund Establishment and Objectives - The Jilin Province Ice and Snow Economy Fund has a total scale of 500 million yuan, focusing on investments in ice and snow tourism, sports, and technology [1]. - The fund aims to explore new business models through cross-industry integration, such as "ice and snow + performance," "ice and snow + cableway," and "ice and snow + events" [1]. - The signing ceremony marks the beginning of accelerating the fund's registration, filing, and capital contribution processes to invest in quality ice and snow projects in Jilin [1]. Group 2: Strategic Collaboration - Jilin Province's investment management group and Shaanxi Tourism Group have formed a strategic partnership to enhance the development of the ice and snow economy [2]. - The collaboration is seen as a response to the provincial government's directive to establish an investment fund for the ice and snow industry, aiming to transform strategic goals into actionable plans [2]. - The partnership is expected to leverage Shaanxi's comprehensive tourism industry experience to address Jilin's challenges in funding, project operation, and brand development [2]. Group 3: Future Prospects and Goals - The fund is anticipated to effectively address the challenges of high investment costs, long cycles, and slow returns in cultural tourism projects, contributing to high-quality development in the industry [3]. - The collaboration aims to create a full industrial chain ecosystem for the ice and snow economy, enhancing productivity, competitiveness, and brand strength in Jilin [2].

Core Viewpoint - The establishment of a 500 million yuan fund for the ice and snow economy in Jilin Province aims to enhance the development of ice and snow tourism, sports, and technology, reflecting a strategic initiative for high-quality economic growth in the region [1][2]. Group 1: Fund Establishment and Objectives - The Jilin Provincial Ice and Snow Economy Fund has a total scale of 500 million yuan, focusing on investments in ice and snow tourism, sports, and technology [1]. - The fund was established in response to the Jilin Provincial Government's strategic directive on high-quality development, showcasing a rapid execution within 10 months [1][2]. - The fund aims to explore new business models through cross-industry integration, such as "ice and snow + performance," "ice and snow + cableway," and "ice and snow + events" [1]. Group 2: Strategic Collaboration - The collaboration between Jilin Investment Management Group and Shaanxi Tourism Group is characterized as a strategic partnership that aligns with national strategies and regional development goals [2][3]. - The partnership is expected to leverage Jilin's unique ice and snow resources while addressing challenges such as funding bottlenecks and project operation experience [3]. - Shaanxi Tourism Group's extensive experience in the tourism industry will provide essential "intellectual capital" and "market momentum" to support the development of Jilin's ice and snow economy [3]. Group 3: Future Prospects and Goals - The fund is anticipated to act as an "accelerator" for industrial upgrades and a "nurturing ground" for leading enterprises in the ice and snow sector [3]. - The parties involved aim to expedite the registration, filing, and funding processes of the fund to ensure timely investments in quality ice and snow projects in Jilin [3]. - The collaboration is expected to address the challenges of high investment, long cycles, and slow returns in cultural tourism projects, providing valuable insights for the high-quality development of the national cultural tourism industry [3].

Group 1 - The preparation work for the Harbin Ice and Snow World, which includes 200,000 cubic meters of stored ice, is underway, marking an important foundation for the 27th edition of the event [1][3] - Strict controls are in place for every stage of the ice storage process, including careful selection of ice and the construction of a protective barrier to maintain optimal conditions for the ice [3] Group 2 - Ski resorts in Heilongjiang are accelerating preparations for the winter snow season, with snowmaking machines operating continuously to ensure snow quality [4][6] - Merchants in the Qinyun Town are also preparing for the ice and snow season, with increased staffing and inventory to meet anticipated demand [8] - In the city of Shuangyashan, ski resorts are conducting rescue drills and updating equipment to ensure safety and readiness for the upcoming season [10] - The ski resort in Mohe is in the final stages of preparation, with snowmaking and grooming equipment operating around the clock, expecting to open next week [11] Group 3 - Ski resorts in Jilin are also in the final stages of preparation for the new snow season, with trial skiing activities being held to enhance the skiing experience [13][14] - The Beidahu Ski Resort is set to officially open on November 15, and has introduced various promotions, including discounts for university students and improved transportation options from the airport [16][18] - The Changbai Mountain International Resort has added new advanced snow trails and will open various facilities to cater to both novice and experienced skiers [18]

Market Overview - The market experienced a dramatic reversal in the afternoon, with major indices rising sharply after a weak start, indicating a potential shift in investor sentiment [3][10]. - The Shanghai Composite Index and Shenzhen Component Index both ended up 0.22%, while the ChiNext Index rose 0.09% [3]. Sector Performance - Key sectors that performed well included ice and snow tourism, coal, and short dramas, which became market highlights [3]. - The quantum technology concept saw a significant surge towards the end of trading, while sectors like deep earth technology and cultivated diamonds experienced a collective pullback [3]. Trading Volume and Market Activity - The total trading volume for the two exchanges was 16,439 billion yuan, showing a decrease of 239 billion yuan from the previous trading day but still indicating high market activity [3]. - A total of 2,991 stocks rose, while 2,301 stocks fell, reflecting a mixed market sentiment [3]. Historical Context - The article references a previous bull market that began on September 24, 2024, driven by significant policy support, which led to a rapid increase in stock prices [5][6]. - The market saw a remarkable rebound, with the Shanghai Composite Index rising from 2,750 points to 3,300 points within five trading days, marking a 33.06% increase [6]. Current Market Dynamics - The current market is characterized by a V-shaped reversal, driven by various factors including preemptive capital inflows and positive developments in U.S.-China trade negotiations [11][12]. - Despite the afternoon rally, the market faces challenges such as declining trading volumes, which have fallen below 1.7 trillion yuan for two consecutive days [12]. Sector Opportunities and Risks - The coal sector showed initial strength but faced selling pressure, indicating potential challenges ahead despite long-term investment value [16]. - The semiconductor sector has been buoyed by strong quarterly earnings from leading companies and improved relations, suggesting a positive outlook [17]. - The brokerage sector experienced a slight adjustment, reflecting its close ties to market performance and ongoing capital market reforms [17]. Investment Strategy - Investors are advised to maintain a cautious approach in the current market environment, focusing on diversified investments to mitigate risks associated with market volatility [18]. - Long-term investment strategies should prioritize sectors with growth potential, such as technology and consumer upgrades, while emphasizing companies with strong fundamentals [19].

Core Viewpoint - The A-share market showed a slight increase across the three major indices, with the Shanghai Composite Index fluctuating around the 3900-point mark, closing at 3922.41 points, successfully maintaining the 5-day moving average [4][12]. Market Performance - A total of 2991 stocks rose, indicating a recovery in the profit-making effect [5]. - The market saw a mixed performance with sectors like ice and snow tourism, coal, and short drama leading the gains, while new shares, brokerage firms, and quantum technology concepts surged in the afternoon [6]. Trading Volume and Market Sentiment - The total trading volume decreased to 1.04 trillion yuan, down 1.43%, reflecting a cautious market sentiment with insufficient willingness for new capital to enter [7]. - The market has entered a phase of stock game with continuous trading volumes below 2 trillion yuan for six consecutive trading days, leading to a focus on policy-driven and defensive sectors, which has diverted liquidity from technology growth stocks [7]. Fund Flows - Institutional investors are shifting funds from high-valuation technology growth sectors to defensive assets characterized by high dividends and low valuations, while also focusing on areas with clear policy support [9]. - Retail investors exhibit a mix of cautious following and speculative trading, showing strong interest in high-risk, high-volatility opportunities, with significant inflows into ETFs during market fluctuations [9]. Investor Sentiment - Retail investor sentiment stands at 75.85%, indicating a generally optimistic outlook [10]. - A survey indicated that 67.10% of participants expect the market to rise in the next trading day, reflecting a positive sentiment shift [16].