2020 is the year Hainan province initiates construction of the China (Hainan) Free Trade Port, a major national strategy promoted by President Xi Jinping in 2018. China Daily is running a special page to review the progress made by the China (Hainan) Pilot Free Trade Zone over the past two years.
A total of 100 Hainan Free Trade Port projects with 48.9 billion yuan ($6.94 billion) investment got underway on Monday.
In the year of the implementation of the overall plan for the construction of Hainan Pilot Free Trade Port, Hainan has been bolstering its global investment promotion.
With its construction of the Hainan Pilot Free Trade Port, Hainan has not only ushered in unprecedented development opportunities, but has also faced the complicated management of entry and exit issues.
The second phase project of the Hainan International Convention and Exhibition Center is currently in full swing and is expected to bring more opportunities for Hainan's conventions and exhibitions industry, a key part of Hainan's highlighted MICE industries.
South China's Hainan province has been committed to promoting institutional innovation, with six batches of 71 innovation cases having been carried out.
Morning Laura, a ro-ro cargo ship packed with 430 vehicles from Qatar, arrived in Haikou on Feb 16 after a 16-day voyage and then berthed at Xiuying Port, marking the first vessel to bring parallel imported cars to Hainan Pilot Free Trade Zone.