Officials look to develop tourism in China's freezing north into growth sector
China wants to tap on the freezing cold in its north to develop its winter economy into a new growth sector. Authorities expect the size of the industry to reach 1.5 trillion yuan (US$200 billion) by 2030, with annual revenue set to break records this year. The northeastern city of Harbin, one of the most popular winter travel destinations in the world, has been a key driver behind the boom. CNA‘s Tan Si Hui has more.
China wants to tap on the freezing cold in its north to develop its winter economy into a new growth sector. Authorities expect the size of the industry to reach 1.5 trillion yuan (US$200 billion) by 2030, with annual revenue set to break records this year. The northeastern city of Harbin, one of the most popular winter travel destinations in the world, has been a key driver behind the boom. CNA‘s Tan Si Hui has more.
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