China's southernmost island province of Hainan launched a 100-day event starting on May 20 to attract global investment to help advance its development as a pilot international free trade zone.
Hainan province launched a policy on Wednesday to restrict car purchases, with a view toward easing traffic congestion and promoting the use of new energy vehicles.
The Hainan Provincial Party Committee recently put forward 46 hard measures aimed at making solid progress in the construction of the China (Hainan) Pilot Free Trade Zone and free trade port with Chinese characteristics, and exploring a new open economic system.
Hainan province adopted new visa-free entry policies for overseas visitors from 59 countries and regions on May 1.
Hainan has announced a strict, islandwide quota policy to curb speculation in the housing market and better promote building the island into a pilot international free-trade zone.
Share prices of Hainan-related companies rallied on Monday in response to President Xi Jinping's speech on Friday supporting the building of the whole island into a pilot free trade zone and a free port with Chinese characteristics.
Foreign investment enterprises file the application report with the Hainan Development and Reform Commission to start the approval process of investment projects.