The 2021 Summit on the Meetings, Incentives, Conferences, and Exhibitions (MICE) Industry of China, which concluded two weeks ago in Haikou, turned out to be a great success as the contracts and letters of intent regarding 116 projects have been signed so far at a total value of 159 million yuan ($24.6 million).
Driven by the nation's reform and opening-up policies, Hainan province, like other parts of the country, has made great progress in advancing its transportation and communications infrastructure in recent years.
Hainan has sold about 98 billion yuan of duty-free goods in the past 10 years, with more than 25 million people shopping and about 120 million pieces of items sold, according to a news conference marking the 10th anniversary of the implementation of offshore duty-free shopping in South China's Hainan province.
Over 38,200 enterprises had registered in the 11 key parks of Hainan Free Trade Port by the end of 2020, Hainan Daily reported on March 9.
The Window to Global Trade (WGT) plays a key role in Hainan province in terms of advancing the "Hundreds of Countries and Thousands of Enterprises" project, which aims to attract thousands of foreign investors and trading companies from hundreds of countries to the tropical island.
Sanya Yazhou Bay Science and Technology City consists of Nanfan Science and Technology City, Sanya Deep Ocean Science and Technology City, the College Town, Nanshan Port, as well as the Global Animal and Plant Germplasm Resources Transfer Base.
Haikou Jiangdong New Area consists of an eastern ecological function region and a western industry-city integration area.