Core Viewpoint - The Hainan Province has introduced 16 financial support measures to promote tourism consumption, effective from January 1, 2026, for a duration of three years [1]. Group 1: Financial Support for Sports Events - A total of up to 80 million yuan will be awarded for 10 key provincial sports events, including the Hainan Island International Road Cycling Race and the Hainan Island International Sailing Race [2]. - International sports events held in Hainan can receive a maximum reward of 5 million yuan, while national-level professional and mass sports events can receive up to 3 million yuan [2]. - Rewards for events held between April and September will see an additional increase of 20% [2]. Group 2: Support for Cultural Performances - Concerts and music festivals with significant ticket sales can receive rewards of up to 2.5 million yuan and 2 million yuan, respectively [2]. - Events held from April to September will receive an extra reward of 500,000 yuan [2]. - Notable concerts and music festivals that debut in Hainan will receive an additional reward of 500,000 yuan [2]. Group 3: Incentives for Inbound Tourism - In 2025, Hainan received 5.9 million overnight inbound tourists, marking a 58% increase from 2024 [3]. - Travel agencies that rank among the top three in terms of inbound tourists from major source markets can receive up to 800,000 yuan [3]. - Agencies that invite overseas travel merchants and media for product exploration can receive up to 100,000 yuan [3]. Group 4: Tourism Product Development - Projects that serve a significant number of tourists and are operated by market entities can receive up to 300,000 yuan [3]. - Cruise companies can receive a maximum reward of 30,000 yuan per voyage and additional daily rewards based on operational days [3]. - Travel agencies that handle inbound tourists for cruise companies can receive up to 200 yuan per tourist [3].

Core Insights - Hainan Province has introduced 16 fiscal support measures to promote tourism consumption, focusing on sports events, cultural performances, inbound tourism, and product development [2][3][4] Group 1: Fiscal Support Measures - The measures include a total reward of up to 80 million yuan for 10 key sports events, with a maximum of 5 million yuan for international events and 300,000 yuan for national events [2] - Cultural performances will receive rewards of up to 250,000 yuan for concerts and 200,000 yuan for music festivals, with additional incentives for events held between April and September [2] - Inbound tourism development will see travel agencies rewarded up to 800,000 yuan based on visitor numbers and product development [3] Group 2: Tourism Product Development - Rewards of up to 30,000 yuan will be given for tourism projects that meet certain visitor service criteria, and cruise companies can receive up to 30,000 yuan per voyage [3] - The government plans to issue tourism consumption vouchers to stimulate spending in various sectors, including yacht tourism and medical tourism [3][4] Group 3: Local Government Incentives - Local governments are encouraged to issue dining vouchers and support the establishment of well-known brands, with the provincial government matching 50% of local expenditures [4] Group 4: Implementation Timeline - The measures will take effect from January 1, 2026, and will be valid for three years [5] Group 5: Planned Events for 2026 - Hainan plans to host 77 key events in 2026, including 37 international events and 21 national events, aiming to create a year-round cultural and sports event matrix [6] - The top ten performing arts brands and eleven major sports events will be launched, featuring a variety of performances and competitions to enhance sports consumption [6][7]