A "zero-tariff" yacht, with its components imported from overseas without tariffs and assembled in Hainan Free Trade Port, was officially delivered to its client in Haikou on June 24.
Investors are becoming increasingly confident in Hainan Free Trade Port (FTP) after China passed a law related to Hainan FTP on June 10, and institutional arrangements were made for FTP construction at the national legislative level.
The total value of medicines and medical instruments that have been put in storage at Boao Public Pharmaceutical Bonded Warehouse in Boao Lecheng International Medical Tourism Pilot Zone reached 171 million yuan in 2020.
The Nanfan Breeding Research Center under the Chinese Academy of Agricultural Sciences was unveiled on Wednesday in Sanya, South China's Hainan province, marking the arrival of the first national institute within the Nanfan seed breeding base.
The Haikou Airport Comprehensive Bonded Zone was recently approved by the State Council, China's cabinet, making it the third special customs supervision zone in Hainan after the Yangpu Bonded Port Area and the Haikou Comprehensive Bonded Area, Hainan Daily reported on May 18.
As comprehensive reforms are being deepened and high-level opening-up policies are being put in place, China's southern island province of Hainan is transforming itself into a free trade port for the world.
Hainan, the resort island province in South China, saw increased tourist footfalls at its popular shopping destinations during the five-day May Day holiday, provincial authorities said.