As the opportunities brought by the Hainan Free Trade Port continue to increase, more and more businesses are settling down in Hainan, contributing to a 69.23% surge in total market entity numbers, which stand at 191,000 in the first half of this year.
South China's island province of Hainan has seen exponential growth in duty-free sales a year after a new policy was implemented.
A "zero-tariff" yacht, with its components imported from overseas without tariffs and assembled in Hainan Free Trade Port, was officially delivered to its client in Haikou on June 24.
Investors are becoming increasingly confident in Hainan Free Trade Port (FTP) after China passed a law related to Hainan FTP on June 10, and institutional arrangements were made for FTP construction at the national legislative level.
Chinese lawmakers are considering a draft law whose newly added details allow tax refunds for goods from the country's inland area to the Hainan free trade port (FTP).
French captain Godfrey Zwygart is now more sentimentally attached to Sanya, where he is the first foreigner to receive a permanent residence card after spending 10 years in the tropical coastal city.
By May 25, a total of 585 enterprises had been introduced to Yangpu Bonded Port Area; 23 times last year's figure.