Page 176 - 2025 Special Report

• An annual growth of import and export The Outline of the 14th Five-Year Plan
trade over 10%
• An annual growth of investment in R&D
over 34%
Major tasks:
• To further promote the facilitation of
investment and trade
• To further enhance the convenience for
the exchange of capital, human resource and
transportation
• To further emphasize the implementation
of free trade port tax policy
• To further integrate into the new development
pattern of retail, high-quality open economy, regional
cooperation and Belt and Road Initiative
• To speed up the construction of modern
industries, such as high-tech, modern service,
smart city and economic parks
• To further promote the construction of
innovation systems and platforms
• To focus on building an international
tourism and shopping center
• To further upgrade the new infrastructure
• To build green economy and implement
decarbonization
In September 2022, Hainan announced “The
Implementation Plan for the Development of the
Digital Economy in Hainan Province (2022-2025)”
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to accelerate the high-quality development of
the digital economy. Taking advantage of the
construction opportunities of the Hainan Free
Trade Port, it has laid a solid foundation for
improving the supporting capacity of Hainan’s
digital infrastructure, developing digital industry
clusters and characteristics and transforming
industries into digital ones.
84 Government site of Hainan, https://www.hainan. 85 Government site of Hainan, https://www.hainan.
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(2021-2025) for Hainan Tourism, Culture,
Media, and Sports Development 85
On 30 June 2021, the government of Hainan
further announced its Outline of the 14th Five-
Year Plan (2021-2025) for Tourism, Culture, Media
and Sports Development, which highlighted the
specific targets and tasks for Hainan to build a free
trade port with international influence on tourism,
culture, media and sports services. Specifically:
Targets of tourism:
• A total number of tourists from 64.6 million
to 110 million by 2025 with 11% YoY growth
• A total tourism revenue of RMB87.3 billion
to RMB180 billion by 2025 with 15% YoY growth
• A total number of international tourists 2.6
million by 2025 with 63% YoY growth.
• Provide high-quality tourism service, to
boost tourists spend more days staying in Hainan
(from 3.8 days to more than 4.5 days) and domestic
tourists spend more for visiting Hainan (from
RMB1,032 to RMB 1,350)
• Focus on developing five tourism themes:
shopping tourism, health care tourism, ocean
tourism, culture tourism and sports tourism
• Highlight on exploring eight unique
tourism sectors: exhibition, island tour, theme
park, rainforests, cruise shipping, town tour, urban
tourism and wedding services
Special economic zones
China (Hainan) Pilot Free Trade Zone
On 1 June 2020, the Central Committee of the
CPC and the State Council issued the Master Plan
for the Construction of the Hainan Free Trade Port.
It indicated that:
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