Business Wire

CGTN

20.1.2021 01:11:11 CET | Business Wire | Press release

Share
CGTN:China’s Winter Sports in Full Swing as 2022 Winter Olympics Approaches

China's winter sports industry has gotten back on its feet despite last year's blow from the COVID-19 pandemic, and things are beginning to warm up, especially in Zhangjiakou and Beijing, both host cities of 2022 Winter Olympic Games.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210119006168/en/

With the Games approaching, the country is experiencing increased enthusiasm for skiing. In downtown Beijing, local residents can try skiing, biathlon and floor curling at home thanks to a special event hosted last month.

Chinese President Xi Jinping is not falling behind. For two consecutive days, he inspected preparatory work for the Games in the two host cities.

As a long-term winter sports fan, Xi met with athletes, coaches, representatives of operation teams, and construction staff in the Zhangjiakou competition zone in north China's Hebei Province.

He arrived in the city on Tuesday by the recently launched Beijing-Zhangjiakou high-speed rail. The new line aims to shorten travel time between the two host cities from over three hours to just 47 minutes.

Xi calls to further promote China's winter sports industry

During Xi's Monday visit to Yanqing District of Beijing, he underscored the Olympic Games' role in developing China's winter sports.

The foundation of building a sporting powerhouse lies in mass sports, the Chinese president said at the National Alpine Skiing Center.

Xi called for the development of China's winter sports, especially snow sports, as well as better promoting winter sports among 300 million people. He also expressed hopes that hosting the Beijing Winter Olympics would contribute to China's goal of becoming a global sporting power.

At the Capital Gymnasium, athletes and coaches of China's national figure skating and short-track speed skating teams told Xi about their preparations for Beijing 2022 and expressed confidence in winning gold medals.

Xi noted he was grateful for seeing that the preparations for Beijing 2022 are well underway and that the athletes' training is producing obvious results. He also expressed confidence that the 2022 winter sports extravaganza will be a success.

The Capital Gymnasium will host the figure skating and short-track speed skating events, while the National Alpine Skiing Center will stage the Alpine skiing events.

A total of 25 competition and non-competition venues, located both in Beijing and Zhangjiakou, will be used during the Games.

According to the Olympic Park Management Committee, the Winter Olympic Village is expected to be completed by June this year.

Original article:click here.

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

The Fairest of Them All: Klarna Supercharges Memberships, Removing Fees, Boosting Cashback and Increasing Annual Value to as Much as €6,00013.8.2026 09:09:00 CEST | Press release

Cashback rates increased and extended to all purchases with Klarna on Plus and abovePlans now include as many as 23 standout subscriptions, including recent additions NordVPN, Livi, foodora and Voi* Klarna, the global digital bank and flexible payments provider, today unveiled its most significant membership upgrade yet. The revamped tiers deliver more cashback, up to €6,000 worth of perks, and remove service fees — built so a Klarna membership pays for itself, and then some. Klarna's improved membership lineup spans four tiers, each built for a different kind of member but all embodying a flexible ethos: pay only for the Klarna that fits your life. Pay later is free at partner stores, or get broader fee-free access with Everywhere (formerly Core), or climb to Plus, Premium or Max for richer cashback rewards, bigger, everyday perks and a growing set of subscriptions and protections. A Klarna membership is a fairer alternative to a credit card by design, and one of the biggest differenc

Interactive Brokers Adds Access to the Bucharest Stock Exchange, Offering Access to One of Europe's Strongest-Performing Markets of 202513.8.2026 09:00:00 CEST | Press release

Eligible clients can now trade Romanian stocks on the Bucharest Stock Exchange, alongside products from over 170 global markets, on one platform Interactive Brokers (Nasdaq: IBKR), an automated global broker, today announced access to the Bucharest Stock Exchange (BVB). This expansion offers access to one of Europe’s strongest-performing emerging markets of 2025, expanding diversification opportunities for IBKR clients alongside over 170 other global exchanges on a single, advanced platform. Romania was elevated to MSCI’s Advanced Frontier Market status while the BET index reached record highs in 2025 and continued its growth through the first half of 2026. With this integration, IBKR clients can access Romanian equities through the same platform they use for markets worldwide, making it easier to incorporate Romanian listed companies into their global investment strategies. “Adding the Bucharest Stock Exchange expands the choices available to our clients and reinforces our commitment

Lenovo Group: Q1 Financial Results 2026/2713.8.2026 06:16:00 CEST | Press release

Lenovo delivers strongest quarter in Group history: Hybrid AI strategy powers growth momentum Lenovo GroupLimited (HKSE: 992) (ADR: LNVGY), together with its subsidiaries (‘the Group’), today reported first quarter results for fiscal year 2026/27, marking the highest quarterly revenue growth in the past five years and the strongest quarter in the Group’s history. During the quarter, overall Group revenue reached an all-time quarterly high of US$26.9 billion, up 43% year-on-year, with all business groups delivering record first-fiscal-quarter revenue and operating profit. Adjusted net income[1]was up 176% year-on-year to US$1.1 billion, surpassing the US$1 billion milestone for the first time ever, with adjusted net margin improvements of almost two percentage points year-on-year supported by higher revenue scale and continued efficiency gains. AI-related revenue[2] grew 60% year-on-year to US$9.3 billion, accounting for 35% of total Group revenue in Q1. The Group continues to invest in

Suzano Reports Adjusted EBITDA of R$4.7 Billion in the Second Quarter of 202613.8.2026 01:27:00 CEST | Press release

Suzano, the world’s largest pulp producer, announces its results for the second quarter of 2026 (2Q26), reporting higher prices, stronger volumes and improvements in Adjusted EBITDA and operating cash generation compared to the previous quarter. The quarterly results reflect the competitiveness and resilience of Suzano’s operations in a quarter marked by foreign exchange headwinds and pressure on input costs driven by higher oil prices affecting the industry as a whole. Suzano sold 3.3 million tonnes of pulp and paper combined in 2Q26, comprising 2.9 million tonnes of pulp and 406 thousand tonnes of paper across the packaging, printing and writing, specialty and tissue segments. Net revenue totalled R$11.6 billion and adjusted EBITDA reached R$4.7 billion, both above the levels recorded in the previous quarter. Operating cash generation reached R$2.9 billion, while net income totalled R$1.8 billion in 2Q26. Despite ongoing cost pressures, the cash cost of pulp production (excluding dow

Moody’s Corporation Elects Keith Demmings to Board of Directors12.8.2026 22:15:00 CEST | Press release

Moody’s Corporation (NYSE:MCO) today announced that Keith Demmings has been elected to the Company’s Board of Directors, effective November 1, 2026. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260812902420/en/ Mr. Demmings, 54, currently serves as President and Chief Executive Officer of Assurant, Inc., a publicly traded company that safeguards and services connected devices, homes, automobiles, and commercial equipment in partnership with the world’s leading brands, a position he has held since January 2022. He has also served on Assurant’s Board of Directors since that time. Prior to his appointment as Chief Executive Officer, Mr. Demmings served as President of Assurant from 2021 to 2022, overseeing all operating segments, including Global Lifestyle and Global Housing. Earlier, he served as Executive Vice President and President, Global Lifestyle from 2016 to 2021, Executive Vice President and President, Global Markets

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye