Businesses that solely have an internet focus without a production or other old economy element will find it very hard to succeed. Insight - Question 8. China now has about 100 ski resorts in different sizes and levels. Among them Yabuli International Ski Resort is still the largest and most attractive one to both ski lovers and winter tourists. Insight - Question 9.
China has the natural conditions and the market necessary for the development of the ski industry.
In the winter recreation market, people, especially the young generation, have changed from just simply observing to active involvement, which makes skiing a perfect form of activity, or a fashion , for them. What the industry currently needs is the capital, equipment, technology and advanced management to exploit the market potential. This opportunity means that those with the necessary vision who enter China s ski market first or earlier will get the best opportunity, including the best ski resort, and the possibility of IPO in the near future. Insight - Question 10. Both the government and the ski industry have begun to open to the world for cooperation and strategic business partnership relations.