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Services sector to accelerate consumer spending, predicts expert

Services sector to accelerate consumer spending, predicts expert

2020-11-16

The opening up of China's services market and accelerating the growth of trade in services will be the key to unleashing the potential for China's consumer spending in the new era, Chi Fulin, president of China Institute for Reform and Development, said on Saturday.

Hainan aims to double foreign investment inflow

2020-11-16

Hainan province is expected to see its inflow of foreign investment double this year with the implementation of a slew of policies to facilitate trade, investment, and cross-border funds flow, Shen Danyang, vice-governor of Hainan, said on Saturday.

Hainan FTP releases first list of zero-tariff commodities

2020-11-13

The Ministry of Finance and the General Administration of Customs and the State Taxation Administration jointly issued the "Notice on the Hainan Free Trade Port's Zero-Tariff Policy for Raw and Auxiliary Materials.

'Volcano community' discovers bedrock of success

'Volcano community' discovers bedrock of success

2020-11-13

Chen Ruimei tap, tap, taps a nail with pinpoint accuracy into one of the many porous holes that make the surface of a volcanic rock about the size of my own head. The nail skewers a sprig of dendrobium-a type of orchid which has many commercial uses from tea, traditional Chinese medicine and even wine.

Hainan Airlines awarded 5-Star rating for 10th consecutive year

Hainan Airlines awarded 5-Star rating for 10th consecutive year

2020-11-13

Hainan Airlines has received the prestigious 5-Star airline rating from Skytrax for the10th consecutive year. Only 10 airlines currently hold the 5-Star Airline Rating. Receiving the honor for 10 consecutive years is a testament to the hard work and hospitality shown by Hainan Airlines staff on a daily basis, said officials with the UK-based international air transport rating organization, Skytrax, on Thursday.

Hainan launches insurance covering 49 anti-cancer drugs

2020-11-12

South China's Hainan Province on Wednesday launched a medical insurance plan that covers foreign medicines yet to be approved domestically for the treatment of cancers.

Hainan tax and fee cuts exceed $2.36 billion in Q1-3

2020-11-12

China's island province Hainan cut 15.67 billion yuan ($2.36 billion) in taxes and fees in the first three quarters of 2020, with new preferential tax policies launched this year contributing to 73 percent of the reductions.

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