China's Hainan eyes 9.5 pct GDP growth in 2023

0 Comment(s)Print E-mail Xinhua, January 14, 2023
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China's southernmost island province of Hainan has set a GDP growth target of 9.5 percent for 2023, Feng Fei, governor of Hainan, said on Friday.

Hainan will leverage a tourism revival to boost consumption, Feng said as he delivered a government work report at the annual session of Hainan's provincial people's congress.

The province will this year strive to increase its number of tourists and tourist revenues by 20 percent and 25 percent, respectively, he said.

China in June 2020 released a master plan to build the island province into a globally influential and high-level free trade port by the middle of the century. It aims to build Hainan into an international tourism and consumption center by 2025, and a globally influential tourism and consumption destination by 2035.

Official data shows that during the three-day New Year holiday, Hainan welcomed more than 1 million tourists and achieved a total tourism revenue of 1.5 billion yuan (223 million U.S. dollars), and its duty-free sales hit 422 million yuan.

According to the government work report, Hainan will continue to hold the China International Consumer Products Expo, and it will upgrade the competitiveness and attractiveness of its tourism to build the island into an international tourism and consumption center.

In the past month, Hainan has seen a tourism recovery, with tourist numbers and tourism revenues growing rapidly. It is estimated that sales during the upcoming Spring Festival will increase by 45 percent year on year, up 10 percent from the 2019 figure, said Li Gang, vice general manager of the China Tourism Group.

"We are inspired by the report's development plan and feel confident about the consumption target," Li said, adding that Hainan still needs to improve the quality of its tourism products to make the island more attractive to tourists.

Hainan's tourism and consumption were impacted by COVID-19 last year. As China continues to optimize its COVID-19 policies, tourism and consumption in Hainan have been boosted, said Li Weiming, a professor at the Management School of Hainan University.

"With more convenient logistics and transportation, we are confident that the government's economic targets will be achieved," Li said. 

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