Category: Business News

The Hainan Free Trade Port’s preferential tax policy for high-end and in-demand talent has been extended to December 31, 2027. Under the policy, any personal income tax burden exceeding 15% will be exempted ...

Hainan Province has launched an incentive program offering up to 2 million yuan for hosting major sports events to establish the island as a global hub for sports tourism ...

Wenchang City, has launched 34 major projects with a total investment of 5.463 billion yuan. This second batch of 2024 projects includes multiple aerospace initiatives, infrastructure developments, and public service improvements …

Hainan is set to issue offshore RMB local government bonds in Hong Kong for the third time, with a total value of up to 30 billion yuan. This issuance will support public welfare projects and further promote the internationalization of the RMB ...

China is expanding healthcare sector reforms, allowing the establishment of wholly foreign-owned hospitals in nine regions, including the entire Hainan Island …

Recently, Haikou issued Ten Measures to Promote High-Quality Development of Haikou's Catering Industry to assist catering enterprises overcome difficulties, stabilise and expand consumption …

Hainan province is offering significant financial incentives, up to 1.5 million yuan as part of broader efforts to stimulate growth in the catering and retail sectors …

With the summer season approaching, The Hainan Provincial Government has announced a new reward program to support high-quality summer camps and study tours.

Hainan introduces new incentives of up to 3 million yuan for large-scale concerts, music festivals, and high-quality theatrical performances to boost tourism and consumer spending …