Austrian companies embrace China’s winter sports sector

According to the ambitious plan released by the General Admi

nistration of Sport of China in 2016 to construct winter sports infrastructure and popularize winter spor

ts, at least 650 skating rinks and 800 ski resorts are expected to be build nationwide by 2022.

By 2025, about 300 million people in the country are expected to participate in winter

sports, increasing the market value of the winter sports sector to 1 trillion yuan.

Driven by multiple momentums, China has witnessed rapid growth in the winter sports ind

ustry in recent years, such as venue facilities, training, tourism and equipment sectors, said Peng Weiyong, dep

uty director general of Finance Department at the General Administration of Sports.

Winter sports has become a booster for China’s sports industry and even economic development, Peng added.

By the end of June 2018, the total number of ski resorts in China rose to 738, an increase of 70 or 10.5 percent over

the same period in 2017. The number of indoor ice rinks totaled 334, an increase of 75 or 29 percent year-on-yea

r increase. In 2018, 19.7 million people participated in skiing, up 12.6 percent year-on-year.

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