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

Xinhua Silk Road Database
Local

Projects worth billions signed in Hainan Free Trade Port

April 12, 2022


Abstract : Thirty-six projects with total investment of 13 billion yuan (about 2 billion U.S. dollars) were signed Monday in the Hainan Free Trade Port (FTP), said local authorities.

Aerial photo taken on May 4, 2021 shows the city view in Haikou, capital of south China's Hainan Province. (Xinhua/Zhang Liyun)

HAIKOU, April 11 (Xinhua) -- Thirty-six projects with total investment of 13 billion yuan (about 2 billion U.S. dollars) were signed Monday in the Hainan Free Trade Port (FTP), said local authorities.

The projects cover fields including modern logistics, biomedicine, high-end manufacturing, the digital economy, offshore trade, business aviation, modern finance, and high-tech agriculture. A signing ceremony took place in Haikou, capital of south China's island province Hainan.

Among these projects, 21 relate to the biomedicine industry, which is also among the city's main industrial driving engines. By the end of last year, biomedicine had become an industry of 37.6 billion yuan in Haikou.

Haikou is building itself into an integrated institutional innovation demonstration base for the FTP's biomedicine sector.

The city's biomedicine industry is expected to rake in 100 billion yuan in operating revenues by 2025. The figure will double by 2030, according to Liu Liwu, deputy mayor of Haikou.

Scan the QR code and push it to your mobile phone

Keyword: projects Hainan Free Trade Port

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