Hainan Province just leveled up its global appeal! The DFS Yalong Bay project, a sprawling luxury retail complex, has officially opened in Sanya, signaling the island’s rapid transformation into a powerhouse for international business and tourism.
Nancy Liu, president of DFS China, told CGTN that Hainan’s bold opening-up policies—like duty-free shopping expansions and streamlined business regulations—are creating \"tremendous opportunities\" for global brands. \"This isn’t just about retail,\" she added. \"It’s about connecting cultures and redefining travel experiences.\"
With over 70% of Hainan’s economy now driven by tourism and services, experts say the region is becoming a testing ground for China’s next-gen economic strategies. Young entrepreneurs and investors are flocking here, drawn by tax incentives and a vibe that blends tropical chill with high-stakes innovation.
For travelers? Think duty-free havens meet beachfront luxury—a combo that’s making Sanya the Bali of business deals.
Reference(s):
cgtn.com