Except for specific regulations related to the mining industry, foreign investors will generally be able to register and obtain their business licenses in Hainan in these industries and further expand into other locations in China.
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
Secretary-General Li Baodong, Secretariat of the Boao Forum for Asia held a press conference in Beijing on the 30th where he discussed the preparations for the annual Boao for Asia conference.
Ambassador Extraordinary and Plenipotentiary of Belarus to China Yuri Senko met with Wang Dongqing, chairman of the Sanya Cross-border E-Commerce Industrial Park on 22 March, according to the Belarusian Embassy in Beijing.
Within 15 years, Chinese authorities intend to transform Hainan's administrative center Haikou into one of the country's international integrated transport hubs