This is how the socialist system of China works under the logic of common prosperity," Chen noted.Įncouraged by Beijing Winter Olympics, Chinese stocks rallied on the first trading day of the Year of the Tiger, with Shanghai Composite Index jumping 2.03 percent on Monday and the Shenzhen Component Index rising 0.96 percent. "New consumption on ice and snow tourism and winter sports will bring huge economic potentials and the usage and land values in these regions will surely rise after the Games.
The reason is that China can transform the achievements of holding a successful Olympics into benefits that can be shared by all of society, and everyone can take what they need from it, which means the event is welcomed across the country, said analysts, noting that China gained valuable experience in 2008, and it will do even better this time.Ĭhen Xin, a professor at the Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University, said the new infrastructure like the high-speed railway line that links Beijing, Yanqing District and Zhangjiakou in Hebei Province will benefit a large number of people who live far from downtown Beijing.
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But China shows a totally different picture this time, as the whole country shows great solidarity, high enthusiasm and full support, observers noted.
In other countries which held Olympic Games with serious divergences between the government and society, such as Tokyo 2020, organizers and officials of those countries failed to make all groups in the country fully support the Games, and it is especially difficult during the pandemic. The heat also greatly affected sales of the official mascot of the Beijing 2022 - Bing Dwen Dwen. The hashtag "Chinese women's football team wins AFC Women's Asian Cup" has received 1.28 billion views while the hashtag of "Cheer for Chinese women's football team tonight" had 420 million views as of press time on social media platform Sina Weibo.Īdding to the encouraging performances by Team China athletes in the Beijing Winter Olympics 2022, such as the women's ice hockey squad who beat Japan in an intense game that ended with a shootout and the short track speed skating team who won the first gold medal for the country, the phenomenal heat of patriotism has gone viral on the social media in recent days. The Chinese women's national soccer team triumphed in a dramatic match at the AFC Women's Asian Cup in Navi Mumbai, India on Sunday night, coming from two goals down to beat South Korea 3-2, winning a record-extending ninth championship title since 2006.
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When some Western major countries seem anxious, disappointed and pessimistic, China is sending a completely different signal of hope with concrete actions and convincing performances across multiple fields.Ĭhinese people have enjoyed a series of surprises and triumphs by the athletes of Team China at the end of the Spring Festival holiday on Sunday. Photo: VCGChina kicked off the first working day in the Year of the Tiger on Monday after the national Spring Festival holiday, boosted by stellar displays of athleticism at the Beijing 2022 Winter Olympic Games adding to national pride and high morale for the new year, with the stock market rally reflecting confidence and optimism for a strong economic performance in the year ahead.Īnalysts said that only a country with unshakable solidarity and powerful capability in mobilization and organization over its society would be able to handle and accomplish such a great mission under the impact of the COVID-19 pandemic. Workers weld auto parts in a factory in Weifang, East China's Shandong Province on February 7, 2022, the first working day of the Year of the Tiger.
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