China to attract multinationals regional headquarters to Hainan
Xinhua
28 May 2021, 02:06 GMT+10
BEIJING, May 27 (Xinhua) China s commerce ministry on Thursday said it would guide the regional headquarters of multinationals to gather on the southern island province of Hainan to push the construction of the Hainan free trade port (FTP). Existing opening-up measures on fostering investment will be well implemented. Regional headquarters of multinational companies will also be guided to the Hainan FTP, Gao Feng, a spokesperson with the Ministry of Commerce, told a press conference. Notable progress has been made since the country released a master plan last June to build the island into a globally influential and high-level free trade port by the middle of the century.
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Noting that there is a growing trend of purchasing luxury goods in China, especially in Hainan, Regazzoni sees the expo as a good opportunity for Switzerland as his country is a global leader in consumer and luxury goods.
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