Category: Business News

Hainan free trade port issues QFLP interim measures to support the settlement of foreign-invested equity investment enterprises

On October 26, the Hainan Free Trade Port System Integration and Innovation Action Plan 2020 – 2022 and task list were officially released.

Haikou’s online transaction volume reached 117.072 billion yuan, an increase of 2.39% year-on-year

201,000 market entities registered in Hainan Province, within the first three quarters of this year, a year-on-year increase of 22.91%.

To speed up the establishment of a law-based, international and convenient business environment and accelerate the construction of the Hainan Free Trade Port

On June 23, 2020, the "Notice on the Individual Income Tax Policy for High-end Talents in Shortage in the Hainan Free Trade Port" was issued by the State Administration of Taxation of the Ministry of Finance.

12 overseas enterprises, including tourism giant TUI Group, signed cooperation agreements on major projects within the free trade port in Hainan Province on Thursday

Details of new Hainan Island duty free policy, including new RMB100,000 purchasing allowance and expanded category list are expected to be revealed at end of the month

The first ship registered at the free trade port of Yangpu in Hainan has sailed on its maiden voyage, Xinhua reports