Shenhan village, located in the mountainous area of Qiongzhong, South China's Hainan province, has made great improvements in its economy and community with the development of tourism, especially the family-run hotels that are host to local features.
In the first half of this year, Hainan held a total of three contract-signing events that inked contracts for 190 projects with a combined contractual investment amount exceeding 90 billion yuan ($13.9 billion).
Sanya's total number of yachts was 814 by June 30, with 144 newly registered yachts this year, a year-on-year increase of 220 percent and an increase of 114.9 percent over the same period in 2019, according to the Sanya maritime safety administration on July 14.
Three athletes from Hainan were selected for national teams and will compete at the 2020 Olympic Games which will be hosted in Tokyo, Japan from July 23 to Aug 8.
As the opportunities brought by the Hainan Free Trade Port continue to increase, more and more businesses are settling down in Hainan, contributing to a 69.23% surge in total market entity numbers, which stand at 191,000 in the first half of this year.
China Duty Free Group Co Ltd, a State-owned enterprise operating duty-free business, expects its profits to surge in the first half of the year, the company said in a statement filed with the Shanghai Stock Exchange.
China on Tuesday started construction of the world's first commercial small modular reactor (SMR) project on land in the country's southern-most island province of Hainan.