Hainan has announced a strict, islandwide quota policy to curb speculation in the housing market and better promote building the island into a pilot international free-trade zone.
Share prices of Hainan-related companies rallied on Monday in response to President Xi Jinping's speech on Friday supporting the building of the whole island into a pilot free trade zone and a free port with Chinese characteristics.
Foreign investment enterprises file the application report with the Hainan Development and Reform Commission to start the approval process of investment projects.
These regulations are formulated in accordance to the relevant laws and regulations of the PRC and the specific circumstances of the Hainan Special Economic Zone, in order to attract foreign investment and accelerate the development of the Hainan Special Economic Zone.
Foreign-invested enterprises engaged in production and operation in Hainan Special Economic Zone must pay the enterprise income tax at the rate of 15 percent.
Overview
Haikou 
Sanya 
