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Market shifts, rate hikes and why real estate stocks can’t get a break

A year ago, something weird started happening. The housing market was on fire, with home prices soaring and listings flying off the market in days,...

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Nepal Airlines Will Finally Resume Flights to Mumbai from Kathmandu

In a fresh development, Nepal Airlines Corporation has said that it will be resuming flights between Mumbai-Kathmandu after more than two years. The flight service will be resumed from March 27 and was stopped earlier because of the coronavirus pandemic. […]

Summer Games Done Quick returns with in-person charity speedrun event this June

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Summer Games Done Quick is returning with another week-long charity speedrunning event this June, and it'll mark the show's first in-person event since organisers made the move to an online-only schedule more than two years ago in response to the coronavirus pandemic.

Games Done Quick organisers opted to ditch the annual summer speed-running event's real-world component back in June 2020, as the severity of the coronavirus outbreak become more widely understood, and the online-only model has remained in place for all its events since then, including January's annual Awesome Games Done Quick showcase.

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Capital Group Trims Wynn Macau Investment, Grosses $11.5 Million

Mutual fund giant Capital Group recently reduced its stake in Wynn Macau, grossing $11.5 million in proceeds after selling just over 19.45 million shares of the gaming operator last week. California-based Capital Group, which issues mutual funds under the American Funds brand, now own 5.73 percent of Wynn Macau equity, down from 6.10 percent. Wynn […]

The post Capital Group Trims Wynn Macau Investment, Grosses $11.5 Million appeared first on Casino.org.

Digital Identities For Everyone and Their Ramifications – Part 2/2

This article is the second part of our previous story, We May Soon Have Global Digital Identities. Although you can skip reading part one, we recommend checking it out before continuing! As we discussed in the first part, the United Kingdom is in the initial phases of its digital ID systems. Besides the UK, we also […]

EA won’t be holding its annual EA Play Live event this year

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EA has confirmed it won't be holding its annual EA Play Live event in 2022, saying it'll instead reveal more about its upcoming roster of games "when the time is right".

EA Play Live, which debuted back in 2016, has traditionally been held alongside E3, combining game announcements with hands-on demos for those able to attend in person. The show had transitioned to a digital-only offering in the last two years in response to the coronavirus pandemic, but now EA has opted to cancel its 2022 event in its entirety.

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You Can Now Pay Using Your Face With this Technology

As the pandemic slowed down and more vaccines are rolling up, we are finally seeing live events making a comeback, and with some surprising technology like face id too!  One of the world’s most prominent entertainment producers, ASM Global embraces facial verification payments for some of its biggest event venues (1). The launch came as […]
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Cannabis Industry Steps Up to Support Ukraine

Businesses in the cannabis industry are stepping up to help Ukraine as it battles to repel the Russian invasion.

The post Cannabis Industry Steps Up to Support Ukraine appeared first on High Times.

Virtual Testing Of Automotive Sensor Systems

The development of automotive sensors cannot take place in isolation from the overall system.

The post Virtual Testing Of Automotive Sensor Systems appeared first on Semiconductor Engineering.

ESL Pro League S15 – G2 Start Off Group A With Win over LFO

The 15th season of ESL Pro League kicked off today in Dusseldorf, Germany with Group A. ESL Pro League returns to LAN for the first time in 4 seasons, having switched to online in March 2020 in Season 11 due to the coronavirus pandemic. Since then we have had 4 different winners as well with […]

The post ESL Pro League S15 – G2 Start Off Group A With Win over LFO appeared first on TalkEsport.

Academics detail take-off of China’s ice and snow economy

HONG KONG, Mar 8, 2022 - (ACN Newswire) - China has seen the fastest growth of its ice and snow economy in recent years and has become the world's largest market in the sector, according to a report released by Jilin University on Thursday.

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Jilin University Key Laboratory of Ice and Snow Tourism Resorts Equipment and Intelligent Service Technology releases the 2022 China Ice and Snow Economic Development Index Report on Thursday. (Photo by Xu Lihua/For chinadaily.com.cn)

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Xin Benlu, vice-dean of the School of Business and Management at Jilin University, oversees the release of the ice and snow report at a news conference on Thursday. (Photo by Xu Lihua/For chinadaily.com.cn)

Jilin University's Key Laboratory of Ice and Snow Tourism Resorts Equipment and Intelligent Service Technology, took a year to complete its 2022 China Ice and Snow Economic Development Index Report, which aims to measure and forecast China's ice and snow economic development using several ice and snow indicators.

The report proposed the "airplane theory" as a way to look at the ice and snow economy.

The concept uses the growing and escalating ice and snow demand, and ice and snow technology as the "airplane engine" of economic development.

The specific weights of the current stage of China's ice and snow economic development is set out in the report.
The "airplane's head" represents ice and snow sports, which account for 25 percent of that weight. The "airplane's fuselage" represents ice and snow tourism, which accounts for 40 percent of the weight. And the "two wings" that balance the development of the economy represent ice and snow equipment, and ice and snow culture, which account for 25 percent and 10 percent, respectively.

Data shows that China's ice and snow economic development has shown a linear upward trend since the beginning of the 13th Five-Year Plan (2016-2020).

Other than in 2020, with the novel coronavirus pandemic impacting the sector, each year has succeeded the previous one, ever since 2016.

Driven by the Beijing 2022 Winter Olympics, the chain growth rate exceeded 34 percent in 2021, and the development of China's ice and snow economy is expected to maintain a chain growth rate of nearly 30 percent in 2022, the report said.

Along with the Beijing 2022 Winter Olympics, China's ice and snow tourism will show a new face in the international arena, and attract more foreign tourists in the post-pandemic era, the report said.

At the same time, with the release of Chinese people's enthusiasm for participating in and experiencing ice and snow tourism, ice and snow tourism consumption will play a massive role in boosting China's domestic demand and realizing the central domestic circulation, provincial medium circulation, and municipal microcirculation of China's ice and snow economy, the document said.

Xin Benlu, vice-dean of the School of Business and Management at Jilin University, said: "The report is one of the preliminary and basic works for the construction of the big data platform of the ice and snow economy. It is expected to be released annually to measure and forecast the development of China's ice and snow economic development."

Source: https://www.chinadaily.com.cn/a/202202/20/WS62113909a310cdd39bc87b2e.html


Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comChina has seen the fastest growth of its ice and snow economy in recent years and has become the world's largest market in the sector, according to a report released by Jilin University on Thursday.

The metaverse, explained

What is the metaverse? Good question. “Metaverse” is currently a major buzzword in the worlds of tech, business, and finance, and like all buzzwords...

BetMGM Enters Illinois Just in Time for Mobile Betting Registration

BetMGM, one of the largest iGaming and online sportsbook operators in the US, announced today it’s accepting sports wagers in Illinois. The news arrives as the already thriving regulated sports betting market in the sixth-largest state is waiving its in-person registration requirement. That means bettors don’t have to go to a land-based casino to be […]

The post BetMGM Enters Illinois Just in Time for Mobile Betting Registration appeared first on Casino.org.

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