36,000 market entities settle in Hainan free trade port in Q1

According to ehainan.gov.cn, 36,000 market entities settled in the Hainan free trade port in Q1

As Hainan province continues to upgrade its talent policies and increase its talent introduction measures, a growing number of investors have been seeking business opportunities in the construction of the Hainan Pilot Free Trade Port.

In the first quarter of this year, over 36,800 new market entities registered in Hainan, showing continuous growth momentum.

As of the end of March, Hainan province is home to more than 955,000 market entities, of which more than 320,000 were enterprises and more than 630,000 were self-employed.

In order to better serve these enterprises, relevant departments in Hainan province have streamlined the process of starting a business, improved efficiency for online enterprise registration and approval procedures.

Applicants can submit registration applications online anywhere in the province, and choose any market supervision window to print their business licenses.  

On April 15th, Hainan issued four talent policies employing more active, open and effective measures to support the accelerated construction of new think tanks to help the island province build a talent system.

Related article: HK, Macao and Taiwan professionals can file for practice in Hainan

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