Industry insiders dubbed the plan by the tourist destination as “bold” but still “within reasonable reach”.
The agreement will enable Dominica to bolster travel opportunities for both business and leisure.
The event is the first tourism promotion event of its kind since the outbreak of COVID-19.
Hainan is working to build itself into an international tourism and consumption center.
Online travel site sees 1.3% rise in Q3 revenue; Alibaba invests 40 million yuan in car-hailing platform Dazhong Chuxing.
Average MAUs increased by 12.7% year-to-year to 276.9 million.
China's vow to support 300 million people participate in winter sports has had an effect.
After the capital increase, Alibaba will hold 10% equity of the company.
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