6:13 AM Mon 28 Feb 2011 GMT
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'Glitzy hotels to boost Hainan tourism'
Hainan Tourism
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Officials in China's southernmost island province of Hainan are hoping a fledgeling yachting industry will give the famed tourism destination the edge to draw wealthy tourists from home and broad. 'Yachting can strongly propel tourism and the local economy in a sustainable way,' Lu Zhiyuan, director of the Hainan tourism development commission, was quoted as saying by Saturday's China Daily. China's yacht market was worth about 3 billion yuan (about 455 million U.S. dollars) in 2009 and has an annual growth rate of about 10 percent, the paper said, quoting an industry report. Government officials used to be wary of
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by Xinhua News Agency
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