HAIKOU /China/, May 6. /TASS/. The administration of the resort city of Sanya on the southern coast of Hainan Island has issued vouchers worth 40 million yuan (more than $6 million at current exchange rate) to encourage consumption. This was reported by the Hainan Daily newspaper.
According to the newspaper, these cash vouchers will be used to pay for services of restaurants, hotels, visiting attractions and stores, as well as the use of attractions. Consumers will be able to receive vouchers through popular payment systems on online platforms during sales promotions.
Sanya authorities have taken these steps to promote consumption with the support of the city's Department of Commerce and the municipal departments in charge of tourism. Together with other measures, this is expected to increase the gross regional product and ensure the successful recovery of the local service sector, even in the face of a pandemic.
Sanya is China's leading resort, home to more than 1 million people. In 2021, its gross product reached 83.5 billion yuan (about $13.2 billion), an increase of 12.1%. The city has an average annual temperature of 25.4 degrees Celsius and a coastline of more than 200 kilometers. There are 19 bays and about 40 recreational islands in the surrounding waters, all of which enable the local government to successfully develop yacht and beach tourism and implement important economic projects.