ames was unveiled in February. Plans aim to optimize the venues’ designs and operations to be beneficial to the hosting regions after 2022.
“Here, you have the venues from 2008 that are going to be used
in 2022 for a complete set of winter sports. This is a wonderful legacy story,” said Juan Anto
nio Samaranch, vice-president of the International Olympic Committee.
Powering all the 2022 venues using green energy while minimizing environmental impacts, while p
lanning for their post-Games operations, are key in venue preparation this year, Liu said.
To support the preparations financially, Beijing 2022 has signed nine domestic marketing partners and four second-tier spon
sors, while the Games’ licensing program, which was launched early last year, has contributed 257 million yuan ($38
million) in sales of more than 780 types of products with the Winter Games logo as of the first quarter this year.
ities have grown more quickly than in big cities, including clothing, food, beverages and home appliances, Chen added.
During Spring Festival in February, small-town youths in third- an
d lower-tier cities outperformed their peers in bigger centers of population in consu
mption across major e-commerce platforms, including the number of orders placed and the range of products bought.
In third- and fourth-tier cities, total online spending during Spring Festival rose by 55 percent year-on-year, comp
ared with 51 percent in first-tier metropolises. Spending by small-town youths on beauty products rose by 7.8 perc
ent year-on-year, compared with a 5.4 percent increase among their peers in larger cities, according to a report rel
eased by Tmall－Alibaba’s e-commerce platform－and market research company Kantar Worldpanel.
Small-town youths have also boosted the movie industry. For example, in the first quarter of this year, some
56 percent of the box office for The New King of Comedy came from lower-tier cities, as did 46 percent for Crazy Alien.
Chinese tourist destinations are swearing by global standards to earn more revenue
Having traveled to more than 20 countries and regions, Shi Hui, 36, a unive
rsity lecturer in Shanghai, treasures the souvenirs he bought at each of the places.
Shi goes on at least one trip of about 20 days each year. The souvenirs help keep memor
ies of his experiences overseas fresh, and he proudly flaunts them to visitors to his home.
He also travels widely within the Chinese mainland, but does not feel co
mpelled to buy Chinese souvenirs. This is because most of them are made in Yiwu in Zheji
ang province, and appear somewhat similar to each other, lacking distinctive features in terms of style, design and mater
ials used. Worse, not all of them are authentic but shoddy, of low-end variety, he said.
could open up new prospects for medical research.Huawei’s Ren named China’s most influential business leader
The 74-year-old Ren Zhengfei, founder and CEO of Huawei Technologies, is the most influentia
l business leader in China, according to the latest ranking released by business magazine Fortune’s Chinese edition.
Pony Ma Huateng, founder and CEO of tech giant Tencent, came i
n second followed by Chen Dongsheng, founder, chairman and CE
O of Taikang Insurance Group. Alibaba chairman Jack Ma grabbed fourth place this year.
These business leaders’ values were not only reflected in the successful m
oments of their companies, but also, most importantly, in their willingness to face challen
ges as well as help their company through a crisis, find new direction and stride for the next success, Fortune China said.