Sanya's economy shows steady growth in Q1 with 4.2% GDP rise

Sanya's economy got off to a stable start in the first quarter of 2025, with its gross domestic product (GDP) reaching 27 billion yuan ($3.73 billion), up 4.2 percent year-on-year.

The primary industry grew by 4.2 percent to 4.39 billion yuan, the secondary industry surged 16.6 percent to 2.49 billion yuan, and the tertiary industry, driven by tourism and services, expanded by 2.5 percent to 20.15 billion yuan.

Industrial output saw a remarkable 121.9 percent increase, and fixed-asset investment rose by 5.2 percent. Consumer spending also improved, with total retail sales hitting 17.83 billion yuan, up 10 percent, boosted by government subsidies for trade-in - auto sales jumped 220 percent, and home appliances surged 170 percent.

As a key economic pillar, tourism remained stable, with 8.76 million overnight visitors, up 2.1 percent, and tourism revenue of 34.06 billion yuan, up 6.3 percent. Hotel occupancy averaged 81.2 percent, up 1.8 percentage points.

Residents' incomes grew steadily, with per capita disposable income at 12,472 yuan, up 4.5 percent, - urban residents earned 13,977 yuan, 4.2 percent growth, while rural incomes rose 6.1 percent to 8,312 yuan, narrowing the urban-rural gap.

Additionally, foreign trade thrived, with imports and exports totaling 5.53 billion yuan, up 8.9 percent. Trade with Belt and Road countries rose 11.5 percent to 3.24 billion yuan, while exchanges with RCEP members soared 90.3 percent to 1.52 billion yuan, reflecting strong regional cooperation.

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Sanya beach attracts numerous tourists. [Photo/Sanya Daily]