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Hainan s import through cross-border e-commerce channels up by 7.53% in 2020
HAIKOU, January 11. /TASS/. The volume of retail imports through cross-border e-commerce channels in southern China s Hainan province amounted to 526 million yuan (about $ 81.2 million) in 2020, up by 7.53% compared to 2019, according to www.hinews.cn.
The adoption of the program for the construction of a free trade port in the province in June gave impetus for the development of cross-border e-commerce. Against this background, the number of companies working in this area on Hainan has also grown. Currently, according to the news outlet, a total of 195 cross-border e-commerce companies are registered in the province. Tmall Global, Kaola, Zhouzhi Group, Onion Global and Fujian Dry-port Group are among them, in particular.
Hainan sets up finance development center for free trade port
SHANGHAI, December 31. /TASS/. The Finance Development Center in the southern Chinese province of Hainan will be an important part of the province s project to build a free trade port. The center s official opening ceremony took place on December 29 in Haikou at the Hainan Free Trade Port Finance and Innovation Forum.
This center is presented as a new platform for the development of innovation in Hainan s financial sector and the practical promotion of financial services for enterprises in the province. Conducting research on financial topics for the free trade port project, training specialized personnel, international financial cooperation and promoting the financial policy of the free trade port will be on the list of the center s tasks.