Haikou, capital of Hainan province, has been focusing on investment promotion in nine areas, including duty-free shopping, consumer goods sales, and services trade. It has achieved remarkable results with an 82.61 percent increase in new foreign-invested enterprises registration.
The actual use of foreign capital in South China's island province of Hainan reached over $115 million in January, surging by over 366 percent year on year, local commercial authorities said.
South China's Hainan province saw its foreign direct investment (FDI) inflow rise 107.8 percent in 2019, according to the province's department of commerce Friday.
China's southern province of Hainan Saturday set up an intellectual property (IP) exchange as the latest measure to support the construction of its pilot free trade zone.
Follow the pictures to get a peek into the burgeoning Hainan in the new era.
Haikou National Hi-Tech Industrial Development Zone was set up in 1991. It was run by a company until 2000, when the government took charge. Since then, a growing number of enterprises have chosen to settle in the zone due to its efficient management system.
A press conference on Hainan's 2018-2019 plans for optimizing the business environment was held in Haikou, capital of Hainan province, on Dec 10.
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