Zhejiang Landscape in the Winter Sports Industry

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Source: People's Republic of China – State Council News

Ski resorts in Hangzhou, Jinhua, and Huzhou, winter parks in Shaoxing, Taizhou, and Lishui… More and more winter infrastructure facilities are taking root in the warm lands of Zhejiang Province.

According to the "White Paper on China's Ski Industry 2024-2025," the total number of ski participants in the country reached 26.05 million in the 2024-2025 winter season, of which 1.29 million were in Zhejiang. This ranks the province sixth in the country and first among all southern Chinese regions.

The "Research Report on China's Winter Industry Development" indicates that this year, China's winter industry will surpass the trillion yuan mark for the first time, reaching 1.0053 trillion yuan. Today, traveling with friends to Zhejiang's various ski resorts or winter theme parks to enjoy skating, skiing, and other winter activities has become a familiar form of winter leisure for an increasing number of residents.

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Chongli, the host city of the Winter Olympics, welcomed more than 10 million tourists in 2025.

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Source: People's Republic of China – State Council News

As of December 25, 2025, Chongli, a small city that hosted the 2025 Winter Olympics, welcomed over 10 million tourists. Overall tourism revenue also increased significantly. The city has successfully transitioned from seasonal popularity to year-round vibrancy.

The "sports economy" has become a key driver of tourism growth. In 2025, having fully realized the potential of the Olympic venues, Chongli developed a rich program of cultural, tourism, and sporting events open to the general public. To date, over 800 cultural tourism and sporting events have been held.

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China's night markets are expanding their reach, offering jobs.

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Source: People's Republic of China – State Council News

Beijing, January 22 (Xinhua) — As night fell and lantern-shaped streetlights lit up, a night market near a landmark in Nanjing, capital of east China's Jiangsu Province, came alive with crowds of people. Remarkably, the "vendors" at the market offered not snacks or trinkets, but jobs.

University student Zhang Yijia would likely have limited herself to a simple tourist excursion. However, she ended up receiving a preliminary job offer as an e-commerce operator at a jewelry company, which was a great surprise and a relief for the soon-to-be graduate.

The place where Zhang Yijia received her first job offer functions as a "night talent market," a special job fair that extends its opening hours into the evening, when the traditional night market is illuminated by neon lights. As the kickoff event for an employment promotion initiative recently launched in Jiangsu, this market aims to provide a more flexible and efficient job search experience, allowing people to search for openings after regular work hours.

Shrouded in the glow of glittering streetlights, over 50 recruiting booths lined the stone road, offering 2,300 jobs in a variety of fields. These vacancies included high-tech positions such as large-scale model, robotics, and AI algorithm engineers, manufacturing jobs geared toward the upcoming peak production period before the Spring Festival, and opportunities for freelancers in the modern service sector.

Chen Wei, an employee of the Nanjing Municipal Talent Service Center, told Xinhua News Agency that approximately 3,000 people attended the event, more than 170 of whom reached preliminary employment agreements. The job fair was particularly popular with young people, as the atmosphere perfectly suited their social habits.

According to the Jiangsu Provincial Bureau of Human Resources and Social Security, more than 300 such night job fairs will be held across the province in January and February to help expand access to employment.

Following the earlier boom of night markets dedicated to traditional Chinese medicine, talent markets are now becoming a new option for nightlife among the younger generation, especially for those seeking employment.

The emergence of such temporary career fairs is believed to reflect a broader shift in China's vibrant markets. Initially primarily focused on street food and serving as a key driver of the country's nighttime economy, night markets are increasingly modernizing and diversifying, aiming to provide improved and expanded public services.

At a summer job fair in the commercial district of Lanzhou, the capital of northwestern Gansu Province, recent graduate Zeng Fanyan received a satisfying job offer without much delay. "I used to go to night markets solely to satisfy my culinary cravings. But these days, I can simultaneously look for work," Zeng Fanyan said.

The career fair boasted a relaxed atmosphere rarely found at more traditional job boards. Visitors, without formal suits or leather shoes, simply strolled past recruiting posters, stopped at booths, and chatted with potential employers. This more informal atmosphere helped many perform better during on-site interviews.

While young people tend to prefer such career fairs due to the more relaxed atmosphere, employers also see it as an opportunity to conduct interviews more effectively in their quest to fill vacancies with suitable candidates.

The Nanjing recruiting booth of the jewelry company Zhang Yijia selected received over 10 resumes in just over 30 minutes, exceeding Ms. Zhao's HR expectations. She said the overnight recruitment helped them find employees for their new chain store while simultaneously promoting their brand.

Traditional night markets have evolved into urban service hubs that not only meet the need for more convenient and higher quality living, but also provide new ways to utilize public resources, noted Mao Jinhuang, a professor at the School of Economics at Lanzhou University.

Some new night markets are stepping up efforts to boost their appeal. For example, a night job fair in Chongqing Municipality (southwest China) invited university graduates and young people to gather and simulate the experience of starting a business.

"The night-time economy is shifting from a single consumer scenario to one that integrates advanced functions and places more emphasis on services," Mao Jinhuang said.

He said it was likely that all kinds of services related to everyday life, such as legal assistance, psychological counseling and skills training, could appear under the neon lights of these venues.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

China has launched its first winter tourist train, dubbed "Altai – the Snow Capital of China."

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Source: People's Republic of China – State Council News

At the start of the New Year, the first winter tourist train, dubbed "Altai – the Snow Capital of China," arrived at the Altai station. Winter sports enthusiasts from all over the country flock here to experience the snow and ice.

This themed train departed on the night of December 31, 2025, and operates on an evening departure/morning arrival schedule. Travel time from Urumqi to Altai is 9 hours and 20 minutes.

"Traveling by train is very comfortable: you sleep well at night, and when you wake up, you're already there. This not only saves you money on accommodation but also allows you to conserve energy for skiing the next day," shared Li Mintao, a ski enthusiast from Shanghai.

To immerse passengers in a wintry atmosphere, the entire train is decorated in a unified ice-and-snow theme, and each car is named after a famous landmark—for example, "Lake Kanas" or "Keketokhai." The train also includes a bar car, offering hot drinks and food to passengers.

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More than 3.8 million trips were made by passengers on the T1 route.

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During the operation of MTD:

🔹 Modern Lvenok-Moscow trams have made over 23,000 trips.

🔹 The total mileage along the route was 617 thousand km.

🔹 Daily peak passenger traffic increased to 78,000 trips, which is 1.5 times higher than our forecasts.

T1 operates according to the standards of an above-ground street metro: minimal intervals, convenient transfers to the metro and the Moscow Central Diameters (MCD), and a smooth ride of autonomous cars. This approach allows city residents and visitors to save time during travel.

"The First Moscow Tram Diameter has become the most popular tram route. In two months, Muscovites have taken over 3.8 million trips on it. This result demonstrates that the diametric tram route format, with its minimal intervals and modern trams, is extremely convenient for passengers. At the direction of Moscow Mayor Sergei Sobyanin, we continue to develop the tram network and integrate it into the city's unified transport ecosystem to make trips even faster and more comfortable," noted Maxim Liksutov, Deputy Mayor of Moscow for Transport and Industry.

Top Stories | Wednesday: Davos, Ukraine, Gaza, Urban Planning

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January 21, 2026 UN

The top news of the day at the UN and around the world: The President of the UN General Assembly in Davos called for the protection of the rules-based international order, the FAO will help restore agriculture in the Dnipropetrovsk region, reports have emerged from Gaza of another child dying from hypothermia, and the UN calls for children's interests to be taken into account in urban planning.

President of the General Assembly in Davos

Speaking at the World Economic Forum in Davos on Wednesday, UN General Assembly President Annalena Baerbock called on representatives of states, businesses, and international institutions to create a cross-regional alliance to defend a rules-based international order. She stated that trust in the world is impossible without a commitment to shared principles. She recalled that the UN has always acted as a "facilitator" helping countries trust each other. Commenting on the situation surrounding Greenland, Baerbock emphasized that no geopolitical interests override the sovereign rights of its residents as citizens of Denmark and the EU.

Support for agriculture in the Dnipropetrovsk region

The Food and Agriculture Organization of the United Nations (FAO), with support from Germany, is launching a new €1 million project to help restore agricultural production in Ukraine's Dnipropetrovsk region. The project aims to support families in villages where, due to the fighting, there is no work or resources to develop household plots and smallholder farms. Approximately 1,170 families will receive assistance in the form of vouchers and cash, enabling them, among other things, to rebuild livestock facilities, pay for feed, and pay for veterinary services.

Child dies from hypothermia in Gaza

Another child has died from hypothermia in Gaza, bringing the total number of cold-related deaths this season to nine. The UN Office for the Coordination of Humanitarian Affairs (OCHA) is calling for urgent solutions, including approving the import of batteries, solar panels, and other heating equipment into the Gaza Strip. Meanwhile, the World Health Organization (WHO) has facilitated the evacuation of 21 patients to Jordan. However, more than 18,000 people, including 4,000 children, remain on the evacuation list. The WHO has urged countries to accept these patients.

Urban planning and children's interests

Several UN agencies, including WHO and UNICEF, have issued new recommendations urging governments and local authorities to consider children's needs in urban planning. Specifically, they recommend creating more playgrounds and parks. According to the UN, only 44 percent of city residents worldwide live near parks, playgrounds, promenades, and other open spaces, and in low- and middle-income countries, the figure is only about 30 percent. Because of this, many children are unable to play outdoors and develop fully.

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The official death toll from the recent unrest in Iran stands at 3,117, state TV reports.

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Source: People's Republic of China – State Council News

Tehran, January 21 (Xinhua) — The death toll from recent unrest in Iran has reached 3,117, Iranian state television channel IRIB TV reported Wednesday, citing the Forensic Medical Organization of Iran.

This figure is the first official data provided by Iranian authorities since the protests began in late December 2025. Previously, the Iranian government acknowledged the deaths of "several thousand" people, but did not provide a specific number. According to IRIB TV, 2,427 of the dead are described as "innocent civilians and security forces."

The American human rights organization Human Rights Activists News Agency estimates the death toll at 4,560, but this figure has not been independently confirmed.

Furthermore, Iran's semi-official Tasnim news agency reported that more than 460 government buildings were damaged or set on fire during the protests, and over 700 banks were attacked or burned. According to the news agency, more than 480 mosques were also targeted.

Protests erupted in dozens of Iranian cities in late December 2025 following a sharp devaluation of the national currency, the rial. Authorities acknowledged the protests and declared their readiness to address economic problems, while warning against violence and vandalism.

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The President of the UN General Assembly in Davos: Most countries of the world remain committed to multilateralism

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January 21, 2026 UN

Speaking at the World Economic Forum in Davos on Wednesday, UN General Assembly President Annalena Baerbock called on representatives of governments, businesses, and international institutions to create a cross-regional alliance to defend a rules-based international order. She stated that trust in the world is impossible without a commitment to shared principles and respect for truth.

She recalled that in normal times, multilateral institutions acted as a “mediator” that helped countries trust each other, first of all the UNHowever, the diplomat continued, today the world is no longer living in "normal times."

The world is at a turning point

Baerbock noted that already at the opening of the 80th session of the General Assembly in September last year, it was clear that the world was standing "at a crossroads," facing a record number of conflicts, including "almost four years of aggression by a permanent member of the Security Council against its neighbor – a flagrant violation of the UN Charter."

"The UN is not just under pressure, it is under direct attack," she said.

Truth and rules as the basis of trust

Speaking about the need to combat disinformation, she quoted Nobel Peace Prize laureate Maria Ressa: "Without facts, there is no truth. Without truth, there is no trust." According to Baerbock, disinformation is being weaponized today, and artificial intelligence is increasingly blurring the line between truth and lies. She also noted that 96 percent of all deepfakes are pornographic and target women.

She also advocated for a rules-based world. In this context, she mentioned the situation surrounding Greenland, which the US is demanding control over. Baerbock emphasized that no geopolitical interests override the sovereign rights of its residents as citizens of Denmark, the EU, and NATO.

"You can't win a gold medal if you don't play by the rules. You'll be disqualified. And no investor will invest in a world where the rules are unpredictable," she said, recalling that a world without rules has already led to disaster.

Support for multilateralism

Defending the rules-based international order is not naivety, but “reasonable self-interest,” the General Assembly President emphasized.

Baerbock noted that trust is earned by those who defend principles even when it is difficult, who act despite the high cost, and who speak the truth when it would be easier to remain silent.

In conclusion, she called for the creation of an interregional alliance of states, businesses and economic leaders. in defense of international orderThe President of the General Assembly emphasized that the overwhelming majority of countries in the world remain committed to multilateralism: "193 states—minus a few—still represent a vast majority."

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Global foreign direct investment flows rose after two years of decline

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January 21, 2026 Economic development

Global foreign direct investment (FDI) flows will grow by 14 percent in 2025, reaching $1.6 trillion, according to a preliminary report published Wednesday by the United Nations Conference on Trade and Development (UNCTAD). Growth has resumed after a two-year decline, but the report's authors emphasize that the impressive figures mask a fragile reality.

There is growth, but recovery is limited

A significant portion of the increase was attributed to transactions passing through global financial centers. More than $140 billion of the total increase was attributed to these "transit flows." Without them, real FDI volumes would have grown by only about five percent, indicating a weak recovery in underlying investment activity.

Key indicators of investor sentiment remained low. The volume of international mergers and acquisitions fell by 10 percent. Financing for international project initiatives fell by 16 percent in value and 12 percent in number of deals—this is the fourth consecutive year of decline, reaching 2019 levels. The number of announced greenfield projects—new greenfield investments—fell by 16 percent, with only a few megaprojects delivering strong overall performance.

The gap between developed and developing countries is growing

FDI flows to developed economies jumped 43 percent to $728 billion, driven by Europe and its financial hubs. In the European Union, growth was 56 percent, driven by large cross-border transactions and a recovery in economies such as Germany, France, and Italy.

In contrast, investment in developing countries fell by two percent to $877 billion. Least developed countries were particularly hard hit: in three-quarters of them, FDI inflows either stagnated or declined.

Money goes into technology, not sustainable development

The report documents a growing concentration of investment in capital-intensive and technology-based sectors. Data centers accounted for more than one-fifth of the global greenfield project value in 2025—over $270 billion. Demand was driven by the development of artificial intelligence infrastructure and digital networks. The largest host countries were France, the United States, and the Republic of Korea, with notable projects also emerging in Brazil, India, Thailand, and Malaysia.

New investment in semiconductor manufacturing increased by 35 percent. At the same time, the number of projects fell sharply – by 25 percent – in sectors dependent on global value chains and exposed to tariff risks, such as textiles, electronics, and mechanical engineering.

Experts note that despite the overall growth, such investments have a limited impact on the local economy. Policymakers are advised to more closely link digital infrastructure with the development of skills, innovation, and local added value.

Infrastructure and green energy under pressure

International infrastructure projects declined by 10 percent. The main reason was a sharp decline in investment in renewable energy amid a reassessment of profitability risks and regulatory uncertainty. Domestic investors have begun to play an increasingly important role, but this could widen the gap in countries dependent on external financing for large projects.

Forecast for 2026

As UNCTAD experts note, it is difficult to predict how events will unfold in 2026. With easing financial conditions and a revival of cross-border transactions, FDI could increase slightly. However, according to the report's authors, actual investment activity will be constrained by geopolitical tensions, policy uncertainty, and global economic fragmentation. Without coordinated measures, global investment risks becoming concentrated in just a few regions and sectors.

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Georgia's tourism revenues reached $4.69 billion in 2025.

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Source: People's Republic of China – State Council News

Tbilisi, January 21 (Xinhua) — Georgia's tourism revenue increased 6 percent year-on-year in 2025, reaching a record high of $4.69 billion, the country's Ministry of Economy and Sustainable Development reported on Wednesday.

According to the agency, tourism industry revenues increased by 9.2 percent in the fourth quarter of 2025 compared to the same period last year, reaching $1.05 billion.

As Deputy Minister of Economy and Sustainable Development of Georgia Irakli Nadareishvili noted, the growth in revenue in the tourism sector is mainly driven by target markets.

According to him, these markets include the EU countries, the UK, the Persian Gulf states, Israel, Azerbaijan, and other priority areas, the development of which the Ministry of Economy and Sustainable Development and the National Tourism Administration, which is subordinate to it, continue to actively work on. –0–

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