China’s ice-snow sports industry to hit $155 billion by 2025: white paper

The scale of China’s ice-snow industry is expected to hit 1 trillion yuan ($155.4 billion) by 2025, according to a white paper released by Tencent Sports and other institutions, China News reported on Jan. 15.

The scale is equivalent to one fifth of China’s sports industry, the white paper says.

According to the white paper, the number of ice rinks and skiing venues in China will increase from 200 and 500 in 2015 to 650 and 800 in 2022, respectively.

In addition, the number of China’s ice-and-snow towns featuring rose to 26 in 2017 from only 8 in 2015, and is projected to reach 40 in 2020.

Statistics also show that northern China occupies 72 percent of the country’s skiing venue resources, and the average person spent nearly 6,000 yuan on ice-snow sports.

People aged 1-17 account for 34.08 percent among all participants in the sports, followed by those aged 18-24 and 25-30.