Hainan Province has announced "Ten Measures to Open Hainan Free Trade Port's Professional Service Market to Hong Kong" to promote institutional opening up and optimise the business environment. The "Ten Measures" are part of Hainan's plan to accelerate the opening up and innovation of trade in services and promote deep cooperation between Hainan and Hong Kong in the field of professional services.

For Hainan, the restart of outbound tourism brings not only opportunities but also challenges as it must compete once again with established tourism destinations like Hong Kong, Macao, Taiwan, Southeast Asia, Japan and South Korea.

Hainan Island is being promoted as a prime travel & investment hub for Hong Kong retailers. With a focus on consumption and economic growth, the island has drafted new policies to make it easier for Hong Kong retailers to enter its consumer market.

Preparations are underway for upcoming third China International Consumer Products Expo (CICPE) which is scheduled to be held from April 10 to 15 in Haikou.

While the loosening of COVID-19 travel restrictions is expected to revive demand in the global luxury retail market some analysists warn that a return to pre-pandemic levels of international luxury shopping is not guaranteed.

According to the China News Agency, November 25th, Haikou - Frankfurt flight HU711 took off from Haikou Meilan International Airport loaded with about 20 tons of cargo, marking the official resumption of the Haikou - Frankfurt passenger-cargo regular intercontinental route.

Italy will be the country of honor for the 2023 China International Consumer Goods Expo, according to an announcement from Hainan International Economic Development Bureau on November 17th.

The Haikou Transportation and Port and Shipping Administration issued The Haikou Transportation System Plan 2020-2035, (draft plan).

The Guidelines specify the relevant provisions on the management of venture capital enterprises in the Hainan Free Trade Port, and conditions for filing ...