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

Agricultural Development Bank of China
Local

S.China Hainan launches 15 major projects with over RMB 31.2 bln inv’t in H1 to boost FTP dev.

July 08, 2021


Abstract : South China's Hainan Free Trade Port (FTP) has launched 15 major projects involving total investment of 31.3 billion yuan as of June 15 since the year begin, accounting for 40 percent of the province's planned investment this year, reported hnftp.gov.cn Wednesday.

getAttachment (93).png

Customers choose products at a duty-freeshoppingmall in Haikou, south China's Hainan Province, July 2, 2021. (Xinhua/Guo Cheng)

BEIJING, July 8 (Xinhua) – South China's Hainan Free Trade Port (FTP) has launched 15 major projects involving a total investment of 31.3 billion yuan as of June 15 since the year begin, accounting for 40 percent of the province's planned investment this year, reported hnftp.gov.cn Wednesday.

As a demonstration project of boosting Hainan's international tourism, the International duty free shopping mall in Haikou, the capital city of Hainan province, has completed 29 percent of its planned investment this year by June 15, which is expected to inject impetus into Hainan's duty-free shopping industry after put into operation.

Meanwhile, the second phase of the nuclear power plant project in Changjiang County has completed 48 percent of its annual planned investment in 2021, while 45 percent of annual planned investment has been completed in the construction of the G360 high-way project, an important expressway linking Wenchang and Lingao cities.

Hainan Province plans to invest a total of 78.2 billion yuan in 129 major projects this year, involving the three leading industries of tourism, modern service, and high-tech in Hainan.

The total include 97 continued projects with a total investment of 336.7 billion yuan and planned investment of 64.4 billion yuan this year, 10 completed projects with a total investment of 10.2 billion yuan and planned investment 4.4 billion yuan this year, 22 new projects with a total investment of 34.1 billion yuan and planned investment 9.4 billion yuan this year.

(Edited by Jiang Feifan with Xinhua Silk Road, 346129473@qq.com)

Scan the QR code and push it to your mobile phone

Keyword: investment Hainan

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.

Identifying code 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