South China's Hainan province saw its foreign direct investment (FDI) inflow rise 107.8 percent in 2019, according to the province's department of commerce Friday.
China's southern province of Hainan Saturday set up an intellectual property (IP) exchange as the latest measure to support the construction of its pilot free trade zone.
Follow the pictures to get a peek into the burgeoning Hainan in the new era.
Haikou National Hi-Tech Industrial Development Zone was set up in 1991. It was run by a company until 2000, when the government took charge. Since then, a growing number of enterprises have chosen to settle in the zone due to its efficient management system.
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.
Excellent foreign students with a master's degree or above from Chinese universities will be allowed to find jobs and start businesses in Hainan and work permits will be granted, according to a newly released document by the Ministry of Human Resources and Social Security.
Hainan has announced a raft of measures to boost the development of industrial parks and has collected tax revenue of 22.47 billion yuan ($3.25 billion) in 24 key industrial parks in the first half of 2018, according to the Hainan Provincial Bureau of Statistics.