This study aims to comprehensively assess the socio-economic influence of figure skating in Northeast China, providing a multi-faceted view of the sport's significance in the region. Utilizing a mixed-methods approach, primary data was collected from 500 survey respondents to gauge public awareness, perception, and the perceived economic benefits of the sport. Additionally, secondary data, sourced from economic reports and sports bureau records, was analyzed to understand the tangible economic contributions and the evolving participation levels in figure skating over a span of three years. The results indicated a growing interest and positive perception of the sport, with 80% of the respondents believing that figure skating represents local culture. Moreover, there was a consistent rise in the economic contributions of figure skating to the local GDP, ticket, and merchandise sales over the observed period. Participation levels also showcased an upward trend, with an increase in registered skaters, skating schools, and major events held annually. While the findings affirm the sport's growing significance, there are inherent study limitations, offering avenues for future research. This research contributes to the understanding of how niche sports can influence regional socio-economic landscapes and the potential they hold for community development.