Tourism and Finance becoming key drivers of Sanya’s economic growth
In the first half year, Sanya received a total of 5.90 million overnight tourists, up 9. 2% compared to the same period of the previous year, which generated tourism revenue of 12.349 billion Yuan, a year-on-year increase of 20.8%.
In the first half year, the added value of Sanya’s finance sector reached 1.193 billion Yuan, an increase of 49.6% year-on-year thanks to the opening of the Sunshine Insurance Sanya headquarters, the China Development Bank Sanya Branch and the Sanya Rural Commercial Bank.
Savings deposits in RMB and foreign currencies of all financial institutions in Sanya totaled 7.85388 trillion Yuan at the end of 2008, up 19.6 percent year-on-year. Loans in RMB and foreign currencies of all financial institutions totaled 3.2088 trillion Yuan, up 16.1% year-on-year.