Winter Olympics impact on China's economic and social development is: economic benefits, regional development.

The first impact, embodied in the level of economic benefits

Theoretically, the Olympic Games can bring economic benefits to the host country through the power of three effects:

One is the direct economic effect, including corporate sponsorships, revenues generated by television broadcasts, ticket revenues, and revenues from the sale of various types of Olympic souvenirs, etc., which accounted for nearly half of the total income of the Olympic Games.

The second is the indirect economic effect, including the various investments in the construction of competition facilities, urban transportation and environmental protection projects, which can form a pulling effect on many upstream and downstream industries, thus promoting the growth of the national economy as a whole.

The third is the derivative economic effect, that is, the Olympic Games can fully demonstrate the comprehensive strength of the host country, and can continue to attract tourists from all over the world to come to visit, and drive the prosperity of tourism, transportation, shopping, catering and many other industries.

The second impact, embodied in the regional development level

Usually speaking, the Winter Olympics for the hosting of the economy of the driving role of the obvious regional characteristics, that is, the host city and its surrounding will bring a lot of benefits. Some data show that the success of the 1992 Barcelona Olympic Games directly created an economic benefit of $26.048 billion to Catalonia; while the 2000 Sydney Olympics allowed New South Wales to gain $6.3 billion.

The third impact, embodied in the level of the sports industry

Every Olympic event will greatly drive the development of the sports industry. And for the Beijing Winter Olympics, there is no bigger beneficiary than the snow and ice industry.

Winter Olympics results

The number of gold medals won by the Chinese sports delegation at the Beijing Winter Olympics has reached nine, while the number of medals has reached 15 (nine gold, four silver and two bronze), which is a new record for China's best-ever performance since it started competing in the Winter Olympics in 1980.

Beginning with the short-track speed skating team's first gold in the mixed relay event on the opening day of the games, and ending with the Sui Wenjing/Han Cong combination being crowned champions on the penultimate day, China's sports delegation has offered exciting games almost every day of the 16-day Winter Olympics, and the gold medals have been extremely gold-medal-laden.