China has enacted the Hainan Free Trade Port Law as part of its ongoing efforts to develop a globally influential free trade port in the country's southern Hainan province.
Over 1,000 global brands including Swatch of Switzerland, Swarovski of Austria, Shiseido of Japan and America’s Tesla gathered at the first China International Consumer Products Expo in Haikou, capital of south China’s Hainan Province in May. With a large host of business, trade, invention and innovation expos and fairs, access to foreign products is now .
Recovery signs shift focus to challenges, opportunities By Cui Li | China Daily | Updated: 2021-06-07 09:05 Visitors try rowing machines in an exhibition hall of the first China International Consumer Products Expo in Haikou, capital of South China s Hainan province, May 7, 2021. [Photo/Xinhua]
First-quarter GDP data have shown China s economic recovery is continuing, as underpinned by steady policy support. At the same time, more precautionary policies can be expected to cope with potential economic changes.
The April economic data have shown that the economy is generally returning to normality. After a short-term shock last year, economic rebound this year can be fast and strong during the initial stage, yet the on-month recovery will gradually slow down, which will also be in line with our predictions. The April data show that recovery in industrial production and consumption is continuing, though consumption recovery is somehow falling beh
Aerial photo taken on May 4, 2021 shows the city view in Haikou, capital of south China s Hainan Province. Haikou is a core city for the construction of free trade port in Hainan Province. (Xinhua/Zhang Liyun)
A total of 11 key industrial parks are being developed into a demonstration zone for the construction of the Hainan free trade port (FTP). A batch of core policies have been implemented and market entities have been gathering since the parks were unveiled one year ago.
The key industrial parks have become the main focus of economic development for the Hainan FTP, said Feng Yan, an official with the Hainan Provincial Development and Reform Commission, at a press conference on Thursday in Haikou, capital of south China s Hainan Province.