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China's duty-free giant reports profit growth

China's duty-free giant reports profit growth

2020-10-19

China Tourism Group Duty Free Corporation Limited, the country's largest operator of duty-free stores, reported growth in both revenue and profits in the third quarter (Q3) despite COVID-19 shocks.

German crop breeder KWS to set up seed R&D center in Sanya

German crop breeder KWS to set up seed R&D center in Sanya

2020-10-16

KWS, one of the world's leading crop growers and seed producers, will set up a subsidiary in Sanya, Hainan province, as well as launch a center for seed research and development.

European companies explore Hainan FTP business opportunities

European companies explore Hainan FTP business opportunities

2020-09-25

More than 70 representatives of key enterprises organized by the European Union Chamber of Commerce in China (EUCCC) visited Hainan province on Sept 23 to explore business opportunities brought by the construction of the Hainan Free Trade Port (FTP).

Hainan promotes FTP opportunities among companies in North Europe

2020-09-16

More than 50 companies from Norway, Finland, and Denmark in North Europe took part in a special promotion conference to learn about business opportunities in the Hainan Free Trade Port (FTP) on Sept 14.

Hainan unveils innovation plan for Boao medical tourism pilot zone

2020-09-04

A reform plan was issued by the Hainan provincial government on Tuesday to promote system integration innovation at the Boao Lecheng International Medical Tourism Pilot Zone, the only one of its kind in China that enjoys special preferential policies such as special permission to import medical technology, medical equipment and medicines.

Hainan heats up as offshore duty-free policy attracts visitors

Hainan heats up as offshore duty-free policy attracts visitors

2020-08-13

China's opening-up policy has served as a lifeline for Hainan's economy and a driver of the island province's rapid development over the past three decades. It is also the primary strategy for building a free trade zone and free trade port.

Hainan reaches out to Taiwan for cooperation

2020-07-27

Hainan will promote exchanges and cooperation with Taiwan in modern agriculture, high-tech and modern services under a plan recently formulated by the Hainan provincial government welcoming Taiwan compatriots' participation in developing the Hainan free trade port.

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