Hainan Special: Island defies global stagnation with surging economic growth

Hainan made steady progress in 2013 despite a stagnant global economy.

Official statistics show that the province's GDP stood at 314.6 billion yuan ($51.22 billion), a nearly 10 percent increase from the previous year, and fixed-asset investment surged 27 percent to hit 272.54 billion yuan in 2013.

The provincial government strengthened economic regulation and came up with a sound economic analysis system, all of which contributed to the achievement, said Hainan Governor Jiang Dingzhi.