Hainan: By 2027, the added value of the four dominant industries will account for approximately 70% of the GDP.

date
04/08/2025
The General Office of the People's Government of Hainan Province issued a notice on the "Three-Year Action Plan to Accelerate the Construction of a Modern Industrial System with Characteristics and Advantages in Hainan Province." The plan proposes that by 2027, the contribution of the four leading industries to GDP will be around 70%, further enhancing their role in supporting high-quality economic development. The construction of an international tourism consumption center will be further advanced, and the potential for tourism consumption will continue to be unleashed. The integration of productive services and advanced manufacturing industries will be accelerated, while lifestyle services will be optimized and upgraded to high-quality and diversified levels, with the value-added of modern service industries accounting for nearly 30% of GDP. Technological innovation and industrial innovation will be deeply integrated, aiming to achieve a provincial R&D expenditure intensity of 1.8% by 2027, with the value-added of high-tech industries accounting for over 17% of GDP. A collaborative development pattern of "successive development" will be formed in efficient tropical agriculture, with the entire value chain of agricultural specialty industries growing by an average of over 5% per year.