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China's 'Hawaii' to allow horse racing, sports lotteries

AFP  |  Beijing 

is encouraging its southern island of to develop horse racing and introduce a raft of reforms as pushes the tropical tourism destination as a beacon of openness.

The province will be urged to explore opening new types of lotteries connected to sports and international competitions, according to the guiding opinion jointly issued by the and which was published Saturday by state agency

It marks a change of tack for the which has long banned most forms of gambling in mainland and comes against the backdrop of its massive campaign against corruption.

But those concerns appear to be taking a back seat as looks to ramp up consumption to fuel China's economy and rebalance away from the investment and exports that have led the way for four decades.

The plan aims to make Hainan, an island off China's southern coast, a "trial free trade zone" to try out the reforms has pledged to bring to the mainland for years with few tangible successes.

The outline comes days after pledged a "new phase of openness" for at Hainan's annual Boao Forum for Asia, a Davos-like meeting of international leaders. We will "build into an important open door for onto the Pacific and Indian oceans", the plan says.

Sectors to open up to further foreign investment include healthcare, education, sports, communications, internet, culture and

also wants to to position as a "centre of international tourism consumption", a goal which has faced halting progress despite sandy beaches and massive spending on plush resorts.

The province has not proven an international draw so far, attracting fewer than a million foreign visitors in 2016 -- compared with over seven million in Thailand's Phuket, according to data compiled by

As part of making the island green and sustainable, the reform package will push the introduction of electric vehicles and "gradually prohibit sales of gasoline-powered vehicles", said.

Development of a gaming and tourism industry in could also create a new rival for semi-autonomous Macau, the world's largest gaming market and the only part of where casino gambling is legal, dwarfing

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 16 2018. 12:55 IST
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