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Hainan free trade port rises as investment magnet Xinhua | Updated: 2021-04-14 10:19 Share A view of Sanya Bay in Hainan province. [Photo provided to chinadaily.com.cn] HAIKOU - South China s Hainan province Tuesday witnessed the inking of 104 key projects to inject new impetus into the construction of its free trade port (FTP). The projects, 22 of which are foreign-funded, involve 65.72 billion yuan in total investments ($10 billion) and cover tourism, modern services and high-tech industries. The deals, signed in Haikou, the provincial capital of Hainan, also reflect the increasing appeal of the island province at the forefront of China s opening up to investors. ....
Hainan to be focal point of reforms By SHI JING in Shanghai and OUYANG SHIJIA in Beijing | CHINA DAILY | Updated: 2021-04-10 07:06 A view of Sanya Bay in Hainan province. [Photo provided to chinadaily.com.cn] Guideline sets out 33 detailed measures to further facilitate free trade on island The central government on Friday launched a series of financial measures to turn Hainan Free Trade Port into a focal point of China s deepened reforms, showing the nation s latest efforts to further open up to the world, said experts. The People s Bank of China, together with three other top financial regulators, released on Friday a guideline with 33 detailed measures, which are set to further facilitate free trade in Hainan, perfect its financial market system, further open up its financial market, enhance innovation, improve financial services and strengthen financial regulation. ....