PR84328

HAIKOU, China, June 10, 2020 /Xinhua=KYODO JBN/--

China's master plan for the Hainan free trade port, released on June 1, has

boosted the appeal of the southern island province to global investors.

The global investment service hotline, set up by Hainan International Economic

Development Bureau, has been hotter than ever in the past week.

"We received over 200 calls a day," said Lei Ting, head of the bureau's

information and media relations division.

Lei said the calls came from more than 20 countries and regions, including the

United States and Britain, and their consultations were mainly about investing

in the province's high technologies, medical and health care, import and export

trade, and tourism.

Han Shengjian, director of the bureau, said the new policy's focus on trade and

investment liberalization and facilitation, as well as the free cross-border

flow of funds and personnel, was quite attractive to foreign-funded enterprises.

Many enterprises have expanded their operation into Hainan. Deloitte China,

which set up its Hainan office in January, is one of them.

"We expect a lot in Hainan. The policy of the free trade port will bring us

lots of business opportunities," said Deloitte China partner Eric Lin. He said

the auditing and consulting firm will see more customers from companies that

choose to settle in Hainan and launch global businesses from there.

Fosun Tourism Group in April inked an agreement with the government of Sanya,

a resort city in Hainan, to expand a tourist complex.

Qian Jiannong, board chairman and chief executive officer of the Fosun Tourism

Group, highlighted the construction of a law-based, international and

convenient business environment as mentioned in the plan.

Shen Xiaoming, governor of Hainan, said Monday that Hainan pays special

attention to creating an open, transparent and predictable business environment.

The government must also respect enterprises and entrepreneurs and let them be

the final judge of the local business environment, Shen said at a press

conference held in Beijing.

Liu Cigui, Party Secretary of Hainan, extended a warm invitation to global

companies and talents at the same event.

"Investors and talents from all over the world are welcomed to invest in

Hainan, participate in the construction of the Hainan free trade port, and

share China's development opportunities and the fruits of China's reform and

opening-up," said Liu.  

Source: Hainan International Economic Development Bureau