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Hainan promotes FTP opportunities to Belgian firms

ehainan.gov.cn | Updated: 2020-09-04

More than 50 Belgian companies gained a better understanding of Hainan province and learned more about the business opportunities at the Hainan Free Trade Port (FTP) following their participation in an online business promotion conference.

The event was held by the Hainan International Business Council (HIBC), Wallonia Foreign Trade and Investment Agency, Flanders Investment and Trade Agency of Belgium, the EU-China Joint Innovation Center, and CMEC International Exhibition Co., Ltd. 

During the conference, the HIBC introduced the preferential policies and investment opportunities of the Hainan FTP, as well as invited the Belgium enterprises to invest in Hainan and participate in the China International Consumer Products Expo to be hosted in the island province.

Representatives of the Belgian companies expressed their interest in the construction of the Hainan FTP, as well as their hope to expand cooperation between Belgium and Hainan.

The tourism and modern service industries in Hainan have seen rapid development. As it presses ahead with the construction of a free trade port, Hainan will become a new high in China's opening up, said Bernard Dewit, chairman of the Belgian-Chinese Chamber of Commerce.

Dewit added that Belgium is willing to develop together with Hainan and share the development opportunities of the free trade port construction. 

Patrick Nijs, former Belgian Ambassador to China and co-founder of the EU-China Joint Innovation Center, expressed his optimism in Hainan-Belgium cooperation in the future.

"China and Belgium have maintained good cooperation in trade, finance, and technology. With the implementation of the Hainan FTP preferential policies, Hainan will play an increasingly important role in the future international economic development," he said.

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