Category: Business News

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

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

Invest in Hainan. With 3 natural gas-rich areas and resources of 12 trillion m³, Hainan boasts one third of China’s total reserves of oil and gas.

It’s believed that Ireland’s industry and Hainan’s growth development plans complement each other, especially in the areas of science, high-tech, agri-food produce, pharmaceuticals, med-tech and education

Hainan is in the process of opening up communication resources, value-added telecommunications services, removing restrictions such as percentage of foreign shareholders, allowing online data processing and transaction processing, as well as opening up basic telecommunications services, providing a broad investment space for domestic and foreign companies.