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.
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 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
Hainan is rich in tropical fruits and vegetables such as pineapple’s, coconuts and mango, providing a local resource base for the processing of agricultural and sideline products
Hailed as “natural medicine storehouse” and “capital of southern medicine,” Hainan boasts up to 3,080 different types of medicinal plants. As a base for the introduction and entreport of global animal and plant germplasm resources, Hainan encompasses significant categories of biomedical raw materials, with immense resources for the pharmaceutical sector
Hainan announced Development Plans for a completley Biodegradable Plastics Industry in the province (2020-2025) to increase production capacity of completely biodegradable plastic products, support the demand for a plastic ban and work to build a totally biodegradable plastics industry demonstration base