Published on : Saturday, April 14, 2018
Hainan, known as China’s Hawaii, will become a “free trade port,” to boost economy with the increase in tourism industry.
China expects the global investment in travel and tourism industry. Hainan will set up a trial free-trade zone and will prioritize tourism, medical services and the financial sector.
Hainan will also adopt more open duty-free shopping policies, and international flight routes will be increased.
The tourism plan by China is aimed to increase the domestic and foreign tourists to Hainan. The entrepreneurs and real estate developers are investing to build luxurious and ultra luxurious resorts and shopping destinations along with sandy, white beaches.
There are about 67 million tourists visited Hainan last year. It is helping to grow its tourism industry to 81 billion yuan ($13 billion). There are 1.1 million overseas visitors visiting in China’s Hawaii.