To support the development of the leading industries including tourism, hotel, exhibitions, aviation and financials in Sanya, more subsidies and reward will be given to these industries by Sanya government in 2012. New hotels in Haitang Bay will get financial subsidy for parts of their taxes, reporter learned from Sanya Finance Department on 9th Mar.

According to the Finance Department, aerial enterprises in Sanya will get financial subsidy RMB 150,000-50,000 for each flight. As to the new hotels in Haitang Bay, the given subsidy takes up 50% of their sale taxes and property taxes. The financial subsidies are also given to the golf courses, outstanding contribution travel agents and the key tourism projects in 2012.

At the same time, Sanya government will give more privilege to the financial institutions to ensure the sound development of Sanya's economy.

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