The import and export volume through the ports in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone reached 1.86 trillion yuan (about 254.8 billion U.S. dollars), one year after the launch of an overall development plan for the zone.
Among them, exports totaled 1.56 trillion yuan (approximately 213.7 billion U.S. dollars), while imports amounted to 300 billion yuan (about 41 billion U.S. dollars). This has injected new momentum into the high-quality development and high-level opening up of the Guangdong-Hong Kong-Macao Greater Bay Area.
China's National Development and Reform Commission, the country's top economic planner, unveiled a development plan for the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone in December 2023.
The Qianhai overall development plan provides a comprehensive view of the strategic positioning, development objectives, spatial layout, industry planning, business environment, urban planning, quality living environment, and governance model of the Qianhai cooperation zone, among other things. Its objective is to promote the demonstrative and leading roles Qianhai plays in the development of the Greater Bay Area, further deepening the collaboration between Hong Kong and Shenzhen.
Total foreign trade of Qianhai cooperation zone exceeds 1.8 trln yuan in one year
Homegrown snow gear and facilities are now helping resorts across China provide better services to skiers who are expecting domestic brands to roll out more high-quality and thoughtful products that fit better with habits of Asian users.
The rising demand of Chinese skiers is boosted by a growing market with industry reports predicting that the country's ice and snow economy will surpass 1 trillion yuan (about 140 billion U.S. dollars) by 2025.
Since hitting the slope is no longer a niche sport, resorts across China receive an increasing influx of snow enthusiasts. In particular, the Beidahu Ski Resort, one of the best destinations for skiers in northeast China's Jilin Province, is welcoming up to 10,000 snow enthusiasts daily.
Eleven of the 13 cable cars in the resort were designed and produced in China. Running six meters per second, it takes only 12 minutes for them to carry the skiers up to the mountaintop.
"As wind resistance and speed of the cable cars were significantly improved, their quality almost matches the imported products," said Yan Shuai, marketing director of the Beidahu Ski Resort.
Homegrown snowboards made with carbon fiber and protective gear featuring high-tech fabrics are also winning Chinese customers' favor and many of the updated goods are specially designed for Asian users.
"The ski goggle has three layers of sponge padding, which help it fit better with the faces of Asian users and effectively minimize lens fogging during skiing," said Jia Xiaona, a store manager.
As winter sports become increasingly popular in China, domestic brands are receiving increasing anticipation from skiers who believe that it is quality that will finally help homegrown products to win over customers.
"I think many snowboarders feel that Chinese brands need to deliver standout performance to truly impress. Once they do, confidence in these brands will certainly grow. I think the shift will take some time, because we have relied on imported snowboards for so many years," said Li Jiongxuan, a snowboarder from north China's Tianjin Municipality.
Homegrown snow gear, facilities help improve skiing experience in China
