As schools in Beijing have started the winter vacation, the annual ice and snow carnival at the Yuanmingyuan Park, also known as the Old Summer Palace, sees increasing visits.
With an 80,000-square-meter area set for diverse ice and snow activities, the largest on its record, the ice and snow field at the park has become a popular destination for families to enjoy outdoor activities.
"We just come to feel for it here in winter. My kid happens to just have started her winter vacation, so I bring her here to get more contact with snow and enjoy the fun of playing with it," said Chen Nihua, a resident.
The ice field of the park features a 46-lane snow-tubing run that sends riders down in unison, and offers colorful activities such as electric sleds and snow zorbing.
"With the start of winter vacation, we have received an average of more than 300 visits daily, apparently more than usual. There are many children in the ice field, so we always remind parents of keeping the children company in all ice and snow sports, so as to ensure a safe and orderly playtime," said Wang Xiaodong, operating and managing director of the Yuanmingyuan Park.
Beijing park ice-snow carnival sees increasing visits
As China's stock market continues to rebound, international investors are increasingly recognizing the country's high-quality development prospects, announcing plans to maintain an overweight allocation to Chinese assets in 2026 and step up long-term investment, citing confidence in their innovation and sustained growth.
Global investors are shifting their focus from short-term valuation gains to the long-term growth potential of Chinese assets, as corporate transformation and industrial upgrading accelerate. The steady improvement in corporate fundamentals has become the core driver underpinning foreign investors' bullish outlook.
"In the past, markets mainly focused on relative valuation attractiveness. Now, more and more companies are proving themselves through earnings performance and cash flow. We see continuous improvements in Chinese firms' capabilities in research and development investment, product iteration, and global expansion. Innovation is no longer just about scaling up, but increasingly about efficiency and quality," said Wen Tianna, President of Hong Kong Boda Capital International.
The sustained innovation capacity of Chinese enterprises, coupled with targeted governmental policies, is further amplifying the global appeal of Chinese assets.
"For global investors, Chinese assets offer both high-quality earnings growth and strong macro policy support, making them a core component of global asset allocation," said Wang Xinjie, Chief Investment Strategist of Standard Chartered China Wealth Solutions Department.
Looking ahead to 2026, investment in the AI industrial chain has emerged as a broad consensus. Meanwhile, sectors such as new consumption are also becoming focal points, drawing increasing global attention to opportunities in China.
"Recently, our UBS Greater China Conference in Shanghai attracted more than 3,600 participants. Notably, the number of investors from the United States, Europe, the Middle East, and Africa rose by 32 percent year on year. The surge in Chinese innovation is creating valuable opportunities for global investors to position for high-quality growth," said Xu Bin, Head of Research from UBS Securities.
Foreign investors bullish on long-term growth potential of Chinese assets in 2026
