China International Capital Corporation stated that with policy support, it is Bullish on the high-quality development of the ice and snow economy, becoming an important growth point for expanding domestic demand. Recently, a series of support policies for the ice and snow economy have been released, balancing quality upgrades on the supply side with direct stimulation on the demand side, while emphasizing collaborative cooperation within the Industry Chain, which is expected to promote the high-quality development of the ice and snow economy. Meanwhile, local governments are vigorously promoting the development of ice and snow consumption, such as Harbin's government taking a series of measures to successfully raise the profile of 'Erbin'. They are Bullish on the sustained release of enthusiasm for ice and snow tourism consumption and the development potential of top destinations. The Asia Winter Games will be held in Harbin in February 2025, combined with related policies promoting ice and snow tourism released since November and December, we are optimistic about the continued enthusiasm for ice and snow tourism consumption.