Skip to Content Facebook Feature Image

Mountain Villages Reborn: Guizhou's Homestay Economy Breathes New Life into Vibrant Ethnic Hamlets

Business

Mountain Villages Reborn: Guizhou's Homestay Economy Breathes New Life into Vibrant Ethnic Hamlets
Business

Business

Mountain Villages Reborn: Guizhou's Homestay Economy Breathes New Life into Vibrant Ethnic Hamlets

2026-04-23 21:53 Last Updated At:22:35

BIJIE, China, April 23, 2026 /PRNewswire/ -- A news report from CNS: 

Deep in the mountains of southwest China's Guizhou Province, Miao and Dong villages are transforming from traditional settlements into welcoming retreats for travelers.

As one of China's most multi-ethnic provinces, Guizhou is home to 18 indigenous ethnic groups and more than 300 villages with distinct minority characteristics. Leveraging its rich cultural tapestry and ecological assets, the region has vigorously promoted rural tourism and the homestay economy in recent years, breathing fresh vitality into age-old communities.

Huawuji Village in Qianxi County, Bijie City, Guizhou, serves as a microcosm of this transformation. Situated against the mountainside and preserving a complete Miao cultural heritage, the village has been redeveloped in recent years—through the expansion of homestays, the creation of intangible cultural heritage workshops, and the construction of scenic viewing platforms—into a multifaceted destination blending sightseeing, cultural immersion, and leisure.

Nowadays, a growing number of international visitors are venturing into Huawuji to try their hand at Miao embroidery, enjoy ethnic songs and dances, and experience the rhythms of mountain life. Traditional crafts such as embroidery and batik dyeing are visibly evolving beyond mere manual production; they have become integral, hands-on experiences for tourists.

Statistics show that in recent years, rural tourism arrivals have accounted for more than half of Guizhou's total tourist volume. The number of homestays continues to rise steadily, generating substantial on-site employment opportunities for the local rural workforce.

With the growth of rural tourism, an increasing number of villagers are engaging in homestay management, handicraft production, and hospitality services, gradually cultivating a diversified industrial structure within these traditional villages.

From secluded mountain hamlets to serene travel destinations, Guizhou is charting a course through "culture plus tourism"—allowing its countryside to develop while under protection and to sustain its cultural heritage as it grows.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Mountain Villages Reborn: Guizhou's Homestay Economy Breathes New Life into Vibrant Ethnic Hamlets

Mountain Villages Reborn: Guizhou's Homestay Economy Breathes New Life into Vibrant Ethnic Hamlets

APIA, Samoa, April 23, 2026 /PRNewswire/ -- Phemex, a user-first global cryptocurrency exchange trusted by over 10 million traders, announced the official launch of its Prediction Market, powered by Polymarket, a leading decentralized prediction market platform. The new product enables users to trade on the outcomes of real-world events, while broadening Phemex's platform beyond traditional price-based markets.

Through the Prediction Market, Phemex users can take YES or NO positions on a wide range of events, including cryptocurrency milestones, sports tournaments, and world events. Markets are accessible directly through existing Phemex accounts using USDT, without requiring external wallets or separate on-chain interaction.

The launch reflects growing interest in markets where information, sentiment, and probabilities can be expressed more directly than through conventional asset trading. By integrating prediction markets into a centralized trading environment, Phemex aims to make this category more accessible to a broader global user base.

To mark the launch, Phemex introduced the Prediction Championship, a four-week participation event running from April 23 to May 20, 2026. The series ranks eligible users based on forecasting performance, with rewards distributed weekly and final standings recognized at the conclusion of the competition.

"Prediction markets represent an important evolution in market structure," said Federico Variola, CEO of Phemex. "They transform information and collective expectations into tradable signals. In a world increasingly shaped by fast-moving narratives, users are looking for more direct ways to express views on outcomes, not only on asset prices. Bringing this category onto Phemex is part of our broader strategy to build a more complete trading ecosystem around how markets actually function today."

The launch follows Phemex's recent expansion into new product verticals, including TradFi futures and AI-enabled trading tools, underscoring the company's push toward a broader multi-market platform. Looking ahead, Phemex plans to continue expanding prediction market coverage, product functionality, and cross-category trading opportunities as user demand for event-driven markets grows globally.

About Phemex
Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation. With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.

For more information, please visit: https://phemex.com/

 

APIA, Samoa, April 23, 2026 /PRNewswire/ -- Phemex, a user-first global cryptocurrency exchange trusted by over 10 million traders, announced the official launch of its Prediction Market, powered by Polymarket, a leading decentralized prediction market platform. The new product enables users to trade on the outcomes of real-world events, while broadening Phemex's platform beyond traditional price-based markets.

Through the Prediction Market, Phemex users can take YES or NO positions on a wide range of events, including cryptocurrency milestones, sports tournaments, and world events. Markets are accessible directly through existing Phemex accounts using USDT, without requiring external wallets or separate on-chain interaction.

The launch reflects growing interest in markets where information, sentiment, and probabilities can be expressed more directly than through conventional asset trading. By integrating prediction markets into a centralized trading environment, Phemex aims to make this category more accessible to a broader global user base.

To mark the launch, Phemex introduced the Prediction Championship, a four-week participation event running from April 23 to May 20, 2026. The series ranks eligible users based on forecasting performance, with rewards distributed weekly and final standings recognized at the conclusion of the competition.

"Prediction markets represent an important evolution in market structure," said Federico Variola, CEO of Phemex. "They transform information and collective expectations into tradable signals. In a world increasingly shaped by fast-moving narratives, users are looking for more direct ways to express views on outcomes, not only on asset prices. Bringing this category onto Phemex is part of our broader strategy to build a more complete trading ecosystem around how markets actually function today."

The launch follows Phemex's recent expansion into new product verticals, including TradFi futures and AI-enabled trading tools, underscoring the company's push toward a broader multi-market platform. Looking ahead, Phemex plans to continue expanding prediction market coverage, product functionality, and cross-category trading opportunities as user demand for event-driven markets grows globally.

About Phemex
Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation. With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.

For more information, please visit: https://phemex.com/

 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Phemex Launches Prediction Market Powered by Polymarket, Introduces Month-Long Forecasting Championship

Phemex Launches Prediction Market Powered by Polymarket, Introduces Month-Long Forecasting Championship

Recommended Articles