The government of Hainan, the southern island province of China, moved a step forward by unveiling a new guideline to widen market access and lower barriers to trade, investment and cross-border capital flows with the goal of building the island into a high-quality free trade port.
Yangpu Economic Development Zone in Hainan province signed a cooperation agreement with Shanghai Ship and Shipping Research Institute on Oct 23 to jointly promote smart shipping and smart port construction.
South China's Hainan province added 201,000 new market entities in the first three quarters of 2020, a year-on-year increase of 22.91 percent, according to reports from local media outlet Hainan Daily on Oct 26.
A database of investment projects and business resources in the Hainan Free Trade Port (FTP) was launched on Oct 13 at the Haikou International Convention and Exhibition Center, according to reports by Hainan Daily.
China's Hainan free trade port has published criteria for the identification of top-notch and urgently-needed talents with foreign nationalities.
South China's Hainan province on Sunday started construction on a new batch of 151 projects, which are meant to advance the free trade port program.
The Hainan Free Trade Port (FTP) unveiled a plan on its first integrated system innovation reforms on Sept 1, with Boao Hope City, which is also known as Boao Lecheng International Medical and Tourism Pilot Zone, being the first park in the Hainan FTP to promote an institutional innovation reform package.