Hainan Free Trade Port has been seeing an increasing number of foreign investors, with 750 foreign-funded companies from 81 countries or regions having been set up at the port from January to May.
The Research and Development International (RDI) at the Chinese Academy of Social Sciences held a summit in Haikou on June 23, with experts gathering to share ideas on the "dual circulation" of Hainan Free Trade Port and a new model of opening-up.
In 2013, at the recommendation of a friend from South China's Hainan province, Timothy Noel Stephens gave up a high-paying job in the US and chose to work at the general medicine department of Haikou People's Hospital as a foreign doctor.
China's Hainan free trade port (FTP) will further simplify its approval procedures and broaden market access through a recently enacted law on the construction of the FTP, an official said Monday.
After more than 500 days of construction work, the Sanya Nanfan Research Institute of Hainan University (HNU)has been successfully completed and handed over to its new owner.
A range of measures are being taken to better implement the Hainan Free Trade Port Law and foster a sounder business environment in an effort to develop a globally influential free trade port in Hainan province, officials and experts said.
The Hainan Free Trade Port Construction White Paper 2021 was released on June 20, describing the achievements made in the construction of the Hainan FTP over the past year and elaborating on the major policies and measures of the southern Chinese province.