Hainan should attract industries to boost tourism
Hainan should attract investment convention centers, nursing homes and medical institutions. Deutsche Bank economist Ma Jun analyzed Hainan's development at the Wealth and Investment Summit of Hainan International Tourism Island 2010.
India’s tourism is closely combined with its medical services. It has world-level heart bypass surgery technology while charging 10 percent of U.S. prices. Plastic surgery operations in South Korea attract a lot of young women from Asia and boost tourism there.
For Hainan, Chinese medicine physiotherapy is growing popular among Russian tourists. With the government support and good advertising, it can become a brand industry of the island.
Ma also gave his opinions on other things, like capital investment: The presence of listed companies from Hainan in international capital market is a silent advertisement for Hainan.
And: Hainan should attract investment from the world, and its development also provides good opportunities for local financial institutions.
And on real estate prices: Overheating of the real estate market leads to a rise in travelling costs and discourages tourists from coming. Property hotel and property apartments are better choices. Transportation and logistics are important parts of developing high end industry so the government should give more policy preferences.