The Haikou Integrated Free Trade Zone (FTZ) completed clearance procedures for its first cross-border e-commerce Business to Customer (B2C) direct purchase business on Aug 31 and will energetically develop the services in September.
Malaysia is positive on the recently-inked cooperation deals with China which are expected to boost Malaysia's commodity exports to the world second largest economy, a minister said.
The headquarters of the first domestic customer online bidding platform for hotel rooms settled in Haikou, capital of Hainan province, on Aug 5.
Offshore duty-free shops in Hainan sold goods worth 5.25 billion yuan ($768 million) during the first six months of this year, up 24 percent from the same period a year ago, according to data from the local customs authorities.
Hainan will invest 12 billion yuan to improve its information infrastructure facilities in the next three years to support its free trade zone construction, provincial authorities said on Wednesday at a press conference in Haikou, the provincial capital.
Hainan warmly welcomes Taiwan investors to join the island's economic development and hopes they benefit from the tropical province's comprehensive reforms, Hainan Governor Shen Xiaoming said on Friday.
The Hainan Provincial Department of Agriculture agreed to join hands with Kelly Yifang Capital Management Co, Ltd in Haikou on July 24 to establish a provincial rural revitalization development fund which will solve the problem of capital shortages in rural development.
Overview
Haikou 
Sanya 
