China to build Hainan into globally influential tourism and consumption destination by 2035

BEIJING — China aims to build Hainan into an international tourism and consumption center by 2025 and a globally influential tourism and consumption destination by 2035, the National Development and Reform Commission (NDRC) said on Dec 29.

According to the plan, Hainan will ease restrictions on its offshore duty-free policy and develop cross-border cruise tourism.

Hainan will gradually exploit tourism resources in the Xisha Islands in the South China Sea and facilitate overseas patients' visits to the Hainan Boao Lecheng International Medical Tourism Pilot Zone.

Hainan also plans to lift consumption on cultural and sports tourism, as well as build more theme parks.

Moreover, tourism-related enterprises will be supported to go public and have access to financing, and tourism-related financial service institutions such as banks, and insurance and loan companies will be encouraged to set up branch offices in Hainan.