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Free Trade Zone on Hainan Island, China: Cost and Investment Statistics for 2018-2019

In the first half of 2019, Hainan Province, China signed 84 investment cooperation agreements. Since the beginning of 2019, 39 key enterprises have been opened, and operating income has reached 15 billion yuan.

 

According to statistics, in the first half of 2019, 19 projects of various types of investment cooperation agreements signed by the province were received, an increase of 23%, 163 new enterprises with foreign investments were created, which is 254% more compared to the same period of 2018, actual use of foreign capital was 160 million US dollars.

 

From May 18, 2019, representative offices of Beijing-based information technology company Phoenix Zhishen, Sanya Kaiyuan International Cruise Co., Ltd., COFCO Oil (Hainan) Co., Ltd., Sanya Yinuohua Electric Formula Culture Co., Ltd. have appeared in Hainan Province. , Tang Group Solar Energy Industry Co., Ltd. other.

 

In order to step up efforts to attract investment, in the second half of 2019, Hainan Province plans to hold 8 investment promotion events.

 

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