Media: Hainan to increase the number of hi-tech enterprises to 1,100 in 2021
It is assumed that by 2035 both the economic and innovative potential of Hainan will be maximized, and it will become one of the most attractive places for international investors
HAIKOU, February 3. /TASS/. This year the Hainan administration plans to apply a package of stimulus measures, thanks to which the number of high-tech companies on the island will exceed 1,100, the Nanguo Dushibao newspaper reported.
According to the news outlet, with maximum active efforts, the number of enterprises specializing in the production of science-intensive products may reach 1,200. According to the forecast, the volume of transactions in the local technology market in 2021 will amount to about 3 billion yuan ($ 463 million). The pharmaceutical industry is expected to grow substantially in the region. In particular, the island will be engaged in the production of several important drugs.
2021-02-01 09:43 By: Xinhua
Customers visit Global Premium Duty Free Plaza in Haikou, south China s Hainan Province, Jan. 31, 2021. Two new offshore duty-free shops opened on Sunday in Haikou, capital of south China s island province of Hainan, raising the number of duty-free shops in the province to nine. (Xinhua/Guo Cheng)
HAIKOU, Jan. 31 (Xinhua) Two new offshore duty-free shops opened on Sunday in Haikou, capital of south China s island province of Hainan, raising the number of duty-free shops in the province to nine.
The nine shops, run by five entities, bring a pattern of differentiated competition to the duty-free market, which will be a great boost to the building of Hainan into an international tourism and consumption destination.
Hainan expands tax benefits to another 143 areas of economic activity
In the near future a number of companies will be able to significantly reduce costs by starting to pay consumption tax at a reduced rate of 15%
HAIKOU, February 1. /TASS/. The Hainan authorities have extended tax benefits to another 143 areas of economic activity, reported the Hainan Daily.
According to the newspaper, the new measures will affect 14 industries, including manufacturing, telecommunications and transport, construction companies and software manufacturers. They will affect the financial sector and commercial organizations involved in leasing, logistics, wholesale and retail trade, as well as the implementation of projects in the field of agriculture, ecology, culture, health and public education, hotel and restaurant business.
Hainan s Haikou presents plan for the city s economic development in 2021
By 2025, the Chinese government intends to create an international center for tourism and consumption on Hainan
HAIKOU, January 28. /TASS/. The Haikou authorities presented development goals and objectives for 2021 as part of the implementation of the fourteenth five-year plan (2021-2025), announced the Mayor of Haikou Ding Hui. This year, Haikou should achieve double-digit GDP growth, it is necessary to promote the attraction of investment in fixed assets, the growth of retail sales of consumer goods, as well as an increase in disposable income per capita in both urban and rural areas, he told www.hinews.cn.