South China's island province Hainan is accelerating the construction work of the expansion project of Haikou Meilan International Airport to serve the development of its free trade port.
China plans a package of preferential policies to build Hainan province into a globally influential and high-quality free trade port, which will serve as a new growth engine for both the nation and the global economy, officials and experts said on Monday.
China plans a package of preferential policies to build Hainan province into a globally influential and high-quality free trade port, which will serve as a new growth engine for both the nation and the global economy, officials and experts said on Monday.
The Chinese resort island of Hainan will raise the per capita quota for offshore duty-free shopping from the current 30,000 yuan ($4,243) to 100,000 yuan ($14,100) a year, in a move to turn the island into an international tourism consumption center.
China will take orderly measures in cutting tariffs and removing non-tariff barriers to enhance trade liberalization and facilitation at the Hainan free trade port, officials said Monday.
Hainan, lying in the southernmost part of China, is a treasure trove overflowing with the riches of nature.
China is planning to build a high-quality free port in Hainan province in steps and phases, the country's top economic regulator said on Monday.
