Hainan on rise amid policy boost ecns.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecns.cn Daily Mail and Mail on Sunday newspapers.
Measures unveiled to relax Hainan market access By OUYANG SHIJIA/ZHENG YIRAN | China Daily | Updated: 2021-04-09 06:40 Share A view of Sanya Bay in Hainan province. [Photo provided to chinadaily.com.cn]
China announced a number of special measures on Thursday aimed at further relaxing market access in the Hainan Free Trade Port, showing the country s drive to further open up to the world.
Officials and experts said the move is part of the government s ongoing efforts to build a testing ground for reforms and pursuing opening-up at higher levels. It is also intended to help build Hainan Island into an internationally influential and high-quality free trade port, which will serve as a new growth engine for both the national and the global economy.
Measures unveiled to relax Hainan market access chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
Hibbing, MN, USA / 93.9 WTBX
Apr 7, 2021 11:27 PM
BEIJING (Reuters) - China on Thursday announced a slew of measures supporting industries such as drugs, new energy vehicles, gaming and aerospace in the southern province of Hainan, as part of moves to build a testing ground there for economic reforms.
Last June, China gave the status of a free trade port to Hainan, which it aims to make fully functional by 2035, building an offshore center of trade and finance to streamline the flow of commodities, capital and talent.
Travel flows have surged to Hainan, known for its sandy beaches and resort-lined coast, as Chinese travellers unable to go abroad because of the COVID-19 pandemic splurged domestically since last year.
China to expand pharma, EV, gaming sectors in Hainan reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.