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February edition宏
Overview of any government movements affecting end consumers and brands.
The Chinese government is leveraging the winter economy as a key driver for growth, encouraging both leisure and professional winter activities while promoting winter sports culture.
China aims for the winter economy to reach RMB 1.2 trillion ($166.93 billion) by 2027 and RMB 1.5 trillion by 2030. This goal ensures that winter consumption becomes a pivotal factor in expanding domestic demand.
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