Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Haikou Jiangdong New Area
News for Outlets

China's island province Hainan launches 43 unconventional measures to boost economy

May 08, 2020


Abstract : South China's island province Hainan has released a guideline recently including 43 unconventional measures to boost economic growth, reported China Securities Journal Thursday.

BEIJING, May 8 (Xinhua) -- South China's island province Hainan has released a guideline recently including 43 unconventional measures to boost economic growth, reported China Securities Journal Thursday.

The measures, covering six areas including investment, consumption, the development of industrial parks, will be implemented from May 6 to December 31, 2020.

According to the guideline, Hainan will seize the investment opportunity of new infrastructure to further promote the construction of new energy vehicle charging stations, 5G base stations, international submarine optical cables, big data centers, artificial intelligence, industrial Internet, smart parks, intelligent ports, intercity high-speed railways and urban rail transit, launching a batch of major infrastructure projects.

In terms of consumption, the province will improve relevant policies on the offshore duty free shopping and create more cost-effective travel package by integrating local catering, shopping, scenic spots and other resources.

By launching introduction events on free trade port policies and offering loans with interest discounts for enterprises which made total investment no less than 500 million yuan in Hainan in 2020, the province will further attract investors and promote domestic and foreign investments.

Meanwhile, Hainan will allow enterprises in industrial parks to expand investments within environmental capacity, making the parks an important platform for undertaking free trade port projects. (Edited by Gao Jingyan with Xinhua Silk Road, gaojingyan@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: Hainan free trade port

Reading:

China to redouble efforts in resuming work, production to maintain stability in employment, livelihood

More important than ever to keep China-EU relations in good shape: Chinese envoy

China, Singapore join hands to confront challenges amid COVID-19 outbreak

Economic Watch: Long-awaited holiday ignites spending revival in China

China Focus: China's Jiangxi opening up in full swing

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial