What policies are there to to accelerate financial innovation?

Post Reply
User avatar
TropicalHainan
Site Admin
Posts: 280
Joined: Tue May 18, 2021 5:36 am

What policies are there to to accelerate financial innovation?

The central government has encouraged Hainan to develop Internet finance, maritime finance, cross-border finance and other innovative finance industries, and encourages domestic and foreign financial institutions to settle in Hainan.

Further deepen international cooperation and development.

Hainan aims to increase its cooperation and communication with other countries to attract overseas financial institutions.

Hainan encourages foreign capital to set up innovative institutions, explore equity cooperation between overseas investors and local financial entities and supports international investors to participate in local financial factor market transactions.

Policies to support the finance industry are continuously being improved. The policies focus on preferential finance, innovative finance and Internet finance and provide financial innovation such as new financial subjects and new business forms and models.

Development basis

The People’s Government of Hainan Province have made significant achievements in the financial sector, proposing that the modern finance industry develops as a core industry in Hainan.

Since the release of the Overall Plan for the Construction of Hainan Free Trade Port, Hainan has made breakthroughs in the development of new types of international offshore trade with the cultivation of the financial lease industry, the construction of financial factor markets and has increased its capacity to open up the financial sector with,

The launch of the Hainan Free Trade Account (FT Account)

The Yangpu “Global Trader Programme”

Hainan’s “first order” for aircraft and ship financial leasing completed

Hainan Free Trade Port’s “first order” for post-audit offshore trading business completed

Hainan International Clearing House completed the first group of capital increase and share expansion

Hainan’s “first order” for a new type of offshore switch business completed

Hainan International Energy Exchange approved to open.

Hainan’s policy advantages

Image

Recommended areas for investment in Hainan
Cross-border finance

Offshore finance

Financial leasing

Professional insurance services

Factor trading market

Asset management

Financial intermediary service

Fintech
Post Reply