Page 172 - AmCham South China 2026 Special Report on the State of Business in South China

and green and has strong global resource allocation technology research and transformation bases.
capabilities and distinctive FTP characteristics. With island-wide special customs operations
officially launched, the FTP¡¯s policy framework,
Bo¡¯ao Lecheng International Medical underpinned by features like zero tariffs, low tax
Tourism Pilot Zone rates, simplified tax systems and facilitated factor
flows, has taken shape.
Bo¡¯ao Lecheng International Medical Tourism
Pilot Zone was established under the approval of Wenchang International Aerospace City
the State Council on 28 February 2013. The zone
pilots the development of international medical Wenchang International Aerospace City, China¡¯s
tourism related industries such as chartered first coastal launch base, includes the western
medical treatment, health management, care area of Bamen Bay and the space supercomputing
and rehabilitation and medical anti-aging. It aims industry zone. It is in a critical development stage,
to combine international and domestic high- building launch capabilities and preparing for regular
end medical tourism services and international commercial operations, solidifying its position as a
cutting-edge medical science and technology to leading hub for commercial spacecraft launches.
create an international medical service cluster. In
the past years, as the only medical special zone In 2024, fixed asset investment (FAI) in
in China, Bo¡¯ao Lecheng Pilot Zone has introduced Wenchang International Aerospace City reached
over 450 types of innovative pharmaceuticals RMB7.6 billion, up 20.8% YoY. For 2025, the
and medical devices from foreign markets that investment budget is RMB11 billion ? a 44% YoY
are yet to be listed in China. With 36 operational increase ? covering eight key areas, including
medical institutions, Chinese patients can rocket chain, satellite chain, data chain and
access cutting-edge international therapies in ¡°aerospace+¡± initiatives 140 . Longlou town, home to
Lecheng without traveling abroad. The pilot zone the rocket launching pad, now boasts more than
continues to advance integrated urban-industrial 50 guesthouses, welcomed over 300,000 visitors
development, focusing on creating multilevel, in 2024 and generated tourism revenue exceeding
multi-format medical tourism products to enhance RMB100 million (US$14.8 million).
the reception capacity for international medical
tourism. In 2024, Lecheng welcomed a total of By the end of February 2025, more than 700
413,700 medical tourism visitors throughout the space-related enterprises had settled in Wenchang
year, marking a 36.76% YoY increase 139 . International Space City, with 26 satellite industry
cluster companies expanding their operations 141 .
In the Outline of the 14th Five-Year Plan The city also plans to accelerate the construction
(2021-2025) for Hainan Economic and Social of its rocket industrial park and satellite and rocket
Development and the Long-Range Objectives super factory, promoting the integration and
Through the Year 2035, local government sets innovation of the industrial chain. In 2025, the city
specific tasks on developing the high-quality health has been working on a three-year plan 142 for high
care industry and emphasizes that Bo¡¯ao Lecheng quality development in tourism industry, aiming
International Medical Tourism Pilot Zone will lead to accelerate the accelerate the ¡°aerospace+¡±
the high-level medical service industry cluster extended development and seize opportunities
and promote the development of pharmaceutical and boost growth in big data applications,
research, clinical trials and treatment and elder aerospace life sciences, aerospace tourism and
care service. Particularly, it will focus on boosting wellness areas.
the health management and medical beauty 140 Government site of Hainan, https://www.hainan.
industries. Specific measures include, taking the gov.cn/hainan/sxian/202504/63037ae1f03f4e1996dd2
lead in introducing the innovative medicine and 03749ddc650.shtml
medical equipment, accelerating the construction 141 Global Times, https://www.globaltimes.cn/
of advanced clinical medical centers and medical page/202504/1332320.shtml
142 Government site of Hainan, https://www.hainan.
139 Department of Hainan Tourism, https://lwt.hainan. gov.cn/hainan/zymygxwzxd/202503/2674bf020a3f452
gov.cn/ywdt/zwdt/202501/t20250113_3801661.html bb1d2e4fd5d1c1c41.shtml

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