China's RECREATION VEHICLE MARKET
Hainan Province, a tourism destination island in Southern China, offers attractive opportunities for U.S.-made recreation vehicles, which have an excellent reputation in China. According to its “Tourism Development Overall Plan (2017-2030),” Hainan Province aims to attract 110 million tourists annually by 2025, with a yearly average growth rate of 6.6%, which would
generate over $30 billion in total tourism revenue by 2025.
A principal focus of the plan is to develop the recreation vehicle tourism sector. To help realize this goal, Hainan plans to build at least 50 campgrounds in the next three years.
In addition, Hainan exempts RVs from China’s high VAT, tariffs, and consumption taxes, eliminating the primary barrier to U.S. RV exports to China.
For more information on taking advantage of this opportunity please contact Commercial Specialist Ms. Feng (Jessica) Tan at feng.tan@trade.gov.