China should take cautious steps to promote financial innovation amid efforts to promote opening up in Hainan province, according to law experts.
The prosperity degree of Hainan province is probably to exceed world-recognized free trade port examples of Singapore, Dubai and Hong Kong, according to a report released by the Latin American News Agency on May 3.
Thanks to reform and opening-up, Hainan seems set to become a prosperous province with a livable ecology, and to develop an international pilot free trade zone (FTZ) by 2020 and a free port with Chinese characteristics by 2025.
Over 150 famous experts, scholars and authorities from around the country discussed current situations, dilemmas and solutions for Chinese traditional village conservation at the 2018 Chinese Traditional Village Conservation (Hainan) Summit Forum held in Danzhou on May 3.
China's southernmost island province Hainan has announced a plan to attract global investment and talent to advance its development as a pilot international free trade zone.
The Haikou National Hi-tech Industrial Development Zone signed agreements with three enterprises on May 2, aiming to develop industrial chain enterprises at the 100 billion yuan ($15.72 billion) level.
HNA Group, the parent company of Hainan Airlines, plans to launch 40 new international air routes connecting Hainan with the outside world in five years, according to company officials.
