Core Insights - The rise of the ice and snow economy is driven by a dual interaction between new supply and new demand, leading to a dynamic balance that promotes high-quality economic development in China [1][4] Group 1: Market Trends - The ice and snow economy is becoming a new consumption hotspot, with activities like skiing, ice sculpture, and snow fishing gaining popularity [1] - In Harbin, the average daily search volume for the Ice and Snow World increased by nearly 163% since mid-October, indicating a surge in consumer interest [2] - The number of ice and snow-related enterprises in Harbin exceeded 2,300, with a compound annual growth rate of 23.6% over the past three years [2] Group 2: Economic Growth - China's ice and snow industry is projected to grow from 270 billion yuan in 2015 to 980 billion yuan in 2024, with expectations to surpass 1 trillion yuan by 2025 [4] - The participation in ice and snow sports and related consumption is expected to exceed 187.5 billion yuan during the 2024-2025 winter season, reflecting a year-on-year growth of over 25% [4] Group 3: Industry Integration - The "ice and snow +" model is expanding the economic landscape, integrating various sectors such as education, tourism, culture, and agriculture [5][6] - The integration of multiple business formats is enriching the service offerings of the ice and snow economy, transitioning from single sports consumption to a comprehensive experience [6] Group 4: Policy Support - The Chinese government has introduced a series of supportive policies to enhance the development of the ice and snow economy, including a recent directive with 24 measures to stimulate growth across the entire industry chain [7] - The application of new technologies like 5G and AI is driving high-quality development in ice and snow equipment manufacturing, enhancing user experience [7] Group 5: Future Outlook - The ongoing development of various new economic forms, such as the "first release economy" and "silver economy," is expected to further stimulate consumer demand and support the growth of the ice and snow economy [8] - The strategic focus on enhancing supply-demand compatibility aims to unlock the potential of China's vast market, contributing to sustainable economic growth [8]

Core Viewpoint - The Harbin Ice and Snow World is set to accelerate its ice scenery construction with the utilization of 200,000 cubic meters of stored ice from the previous winter season, allowing for an earlier opening in mid-December [1][4][6]. Group 1: Ice Storage and Utilization - The stored ice, collected from the Songhua River during the last major cold period, amounts to 200,000 cubic meters, which is equivalent to covering 28 standard football fields with one meter of ice [3][6]. - The ice has been preserved for 10 months and has an 80% utilization rate, showcasing effective storage techniques that combine ancient methods with modern insulation materials [10][8]. Group 2: Construction and Expansion Plans - The construction of the ice scenery has already begun, with ice blocks being transported to the verification site for quality checks before being used in the park [14]. - The total volume of ice and snow for this year's Harbin Ice and Snow World is expected to reach 400,000 cubic meters, with the park area expanding from 1 million square meters to 1.2 million square meters [14].

Core Insights - Multiple regions in China have recently introduced new initiatives to boost ice and snow consumption, aiming to invigorate the ice and snow economy through innovative business models and expanded consumer demographics [1][2] Group 1: Regional Developments - Xinjiang has become a popular winter tourism destination, launching the first round of 10,000 ice and snow consumption vouchers covering 11 ski resorts [2] - Urumqi has introduced a "5-day snow holiday" offering free skiing opportunities for middle and primary school students [2] - New ski season has commenced with several ski resorts opening, attracting skiing enthusiasts [1] Group 2: Consumer Engagement - Night skiing has gained popularity among urban youth, with improvements in lighting and snow trails to accommodate working individuals [2] - The participation of younger demographics, particularly those born after 2010, is increasing in ice and snow sports [2] Group 3: Innovative Experiences - Unique ice and snow consumption experiences are being developed, such as snow viewing and hot springs in Qiqihar, enhancing the winter tourism appeal [2] - Qiqihar has created specific tourism routes like "Snow Viewing Cranes" and "Qiqihar Barbecue" to showcase local culture and cuisine [2] Group 4: Financial Incentives - Jilin Province plans to issue 100 million yuan in ice and snow consumption vouchers to attract both local and external tourists [3] - Additional policies will be introduced to support youth educational tourism and senior travel, further promoting ice and snow activities [3]