China Tourism Group Duty Free Corporation Limited, the country's largest operator of duty-free stores, reported growth in both revenue and profits in the third quarter (Q3) despite COVID-19 shocks.
KWS, one of the world's leading crop growers and seed producers, will set up a subsidiary in Sanya, Hainan province, as well as launch a center for seed research and development.
More than 70 representatives of key enterprises organized by the European Union Chamber of Commerce in China (EUCCC) visited Hainan province on Sept 23 to explore business opportunities brought by the construction of the Hainan Free Trade Port (FTP).
More than 50 companies from Norway, Finland, and Denmark in North Europe took part in a special promotion conference to learn about business opportunities in the Hainan Free Trade Port (FTP) on Sept 14.
A reform plan was issued by the Hainan provincial government on Tuesday to promote system integration innovation at the Boao Lecheng International Medical Tourism Pilot Zone, the only one of its kind in China that enjoys special preferential policies such as special permission to import medical technology, medical equipment and medicines.
China's opening-up policy has served as a lifeline for Hainan's economy and a driver of the island province's rapid development over the past three decades. It is also the primary strategy for building a free trade zone and free trade port.
Hainan will promote exchanges and cooperation with Taiwan in modern agriculture, high-tech and modern services under a plan recently formulated by the Hainan provincial government welcoming Taiwan compatriots' participation in developing the Hainan free trade port.