Business operators who increase prices, hoard, fabricate or spread false price increase information, collude with each other or are involved in other illegal pricing acts, the illegal income shall be confiscated and the maximum penalty can be up to 5 times the illegal income or a fine of 1 million to 5 million Yuan

Haima participated in developing the first integrated hydrogen refuelling station, which can make hydrogen from water, in Hainan which will come into use this year

August 10th, a helicopter imported by Hainan Haizhi General Aviation Co., Ltd. successfully cleared and was released at Haikou Port Customs.

Haikou Jiangdong New Area Administration and Shanghai Jusheng Industrial Co., Ltd. signed a cooperation agreement adding another regional headquarters project to the Jiangdong New Area

On the west coast of Haikou, near the new seaport, the main structure of the duty-free business center for the Haikou International duty-free city is taking shape.

Subsea cooling of data servers to be built to support the evergrowing demand for data flow in Hainan.

In 2020, Hainan Province issued the Interim Measures for Hainan Province on Domestic Equity Investment for Qualified Foreign Limited Partners (QFLP), which means that the Hainan pilot cross-border investment project has been officially launched.

Hainan achieves nearly 80 billion yuan in online transactions with a year-on-year growth of 16.05% in first quarter of 2021

Hainan boasts unique tropical agricultural resources, its tropical land area accounts for 42.5% of China’s total tropical land area, with an average annual temperature of 22.5-25.6℃, annual sunshine hours of 1780 ～ 2600 hours and average rainfall of 1,600 mm