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According to official statistics, at least 9,400 Islam believers live in Sanya HAIKOU, May 16. /TASS/. Sanya s Muslim community takes more and more interest in the development of a regional free trade port, reported the Chinese newspaper Global Times. Since the creation of Hainan s Free Port was announced, we have not experienced a seasonal lull, said Ha Zhibao, the secretary of the party committee of the Huihui Municipality, one of the two places where Muslims live in Sanya. As the official clarified, amid Hainan s growing popularity, representatives of the city s Islamic community are increasingly involved in the rapid development of the island s tourism industry. ....
Funding will also affect the port of Yangpu HAIKOU, May 13. /TASS/. The Hainan authorities on Thursday held a series of ceremonies to conclude a package of strategic investment agreements worth 29.1 billion yuan ($ 4.5 billion), announced Publicity Department of CPC Hainan Provincial Committee. According to the stetement published on the Hainan administration s page on the WeChat, it is planned to implement more than 100 projects for the indicated amount. The capitalization of six of them (each worth at least $ 155 million) in total reaches 8.8 billion yuan (approximately $ 1.3 billion), and sixteen more - 11.8 billion yuan ($ 1.8 billion). According to official figures, these funds are intended to fulfill the objectives of the program for Hainan s Free Trade Port in such big cities of the island as Sanya and Danzhou, as well as in smaller towns and counties. Among the key areas of financing are the development of the real estate sector and improving the quality o ....
Duty-free stores in Hainan record surge in sales chinadaily.com.cn | Updated: 2021-05-11 14:06 Share CLOSE This photo taken on April 19, 2021, shows staff members helping customers at a duty-free store in Boao, Hainan province. [Photo/Xinhua] Total sales at Hainan s offshore duty-free stores in the first quarter of 2021 reached 13.6 billion yuan ($2.1 billion), a rise of 356 percent on the COVID-hit first quarter of 2020, Hainan Governor Feng Fei told guests at the China International Consumer Products Expo opening forum on Friday, according to the Moodie Davitt Report. Consumer activity has recovered strongly, the governor said, noting that the implementation of Hainan s Free Trade Port project has driven demand as has the introduction of the enhanced duty-free shopping policy last July. ....
Hainan is striving to become a world-class Free Trade Port and international business center. The island province is hitting a significant milestone by hosting the China International Consumers Product Expo (CICPE). The expo will be held in Haikou this week from May 7 to 10. Image via Even the most skeptical of critics will have to admit this expo is genuinely international as the expo includes brands from 69 countries and the international section covers three-quarters of the 80,000 square meters of space. Over 1,100 brands will be showcased at the expo, and some big names include Dell, Bosch, Nintendo Switch, Coach, Burberry, Johnson & Johnson, Swarovski, Tesla and L’Oreal Paris. The industries covered include diamonds, jewelry, leather goods, fragrance, healthcare, technology and more. ....
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