The Chinese central government released the Master Plan for the Construction of Hainan Free Trade Port in early June, 2020, which stipulated the off-shore duty-free shopping limit would be raised to 100,000 yuan ($14,132) per person per year.
China unveiled new, shortened negative lists for foreign investment, as part of efforts to further open up the economy and improve its business environment amid the novel coronavirus epidemic.
China's southern resort island of Hainan, which has seen benefits from its visa-free access with local tourism boom and greater connectivity, is set to further open up, according to local authorities.
The Hainan Provincial People's Government launched eight measures on Feb 5 to support small-and medium-sized enterprises (SMEs) who encountered difficulties in resuming work and production during the novel coronavirus (COVID-19) epidemic period.
The Hainan pilot free trade zone will introduce 30 policies already applied in other pilot free trade zones, according to a notice issued by the Ministry of Commerce (MOC) and 17 other agencies.
Hainan may allow visa-free entry for citizens from eight more countries and regions in the near future, in a bid to further open up the tropical island province, Shen Danyang, vice-governor of Hainan province, said at a news conference in Beijing in September.
A press conference on Hainan's 2018-2019 plans for optimizing the business environment was held in Haikou, capital of Hainan province, on Dec 10.
Overview
Haikou 
Sanya 
