As of March 2021, there have been over 130 cases of “first import” of licensed drugs and equipment in Hainan, creating an open development climate for medical and health companies in China.
A boutique is a small firm that provides specialized services for a particular segment of the market. Boutique firms may specialize by industry, client asset size, banking transaction type, or other factors to address a market not well addressed by larger firms
During the first four years of “13th Five-Year Plan” period, the convention and exhibition sector in Hainan Province saw an annual growth rate of 11.6% in added value
lowering market-entry requirements of the Hainan Free Trade Port, strengthening the protection of intellectual property rights, guaranteeing fair competition, creating a fair, transparent and predicable investment environment and further stimulating the vitality of all types of market entities.
Hainan has become a shopping paradise since the new offshore duty-free policy took effective in July 2020. In 2020, the total sales revenue of offshore duty-free shops in Hainan Province amounted to 32.7 billion Yuan