An unveil ceremony for the establishment of Hainan Marine Trade Exchange Services was held at the Seminar on Innovation and Development of Cruise and Yacht Industry in Hainan Free Trade Port on August 21st, 2020.

Sanya has great potential to develop cruise and yacht industry with its unique natural resources and climate advantages. According to incomplete statistics, up to now, there are 850 yacht berths in the ports of Sanya, as well as about 100 yacht-related companies in the industry chains, which provide good conditions for launching yacht events and exhibitions throughout the year. In 2019, Sanya’s yachting sailing records reached 100 thousand trips, and over 780 thousand people had experienced the cruise and yachting tourism.

The Hainan Marine Trade Exchange Services will make full use of the Hainan Free Trade Port policy to improve the domestic yacht trading system, innovating yacht-related trading, leasing and other financial services to match the international benchmark.

The list of services that will be provided to consumers includes leasing, insurance, financial guarantee, use rights trading and much more.

At the beginning of this year, the Sanya Central Business District Administration Bureau has formulated an implementation plan to support cruise and yacht industry development in Sanya and implementation rules on accelerating the development of the cruise ship and yacht industry.