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Investment environment

Updated: Sep 3, 2018 chinadaily.com.cn Print
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Pillar Industries

To accelerate and optimize industrial structure in Hainan province as a new economic growth point, and promote Hainan's comprehensive, sustained and healthy development economically and socially, instructions to adhere to ecological red lines have been implemented. According to the Main Functional Area Planning in Hainan province and the red line of ecological protection requirements, the overall development of space and industrial layout was formulated based on the province's economic and social development over a period of time.

There are 12 key provincial cultivation industries:

Tourism

On the premise of protecting the ecological environment, the province focuses on the development of marine tourism, medical tourism, shopping tourism, convention and exhibition tourism, sport tourism, rural tourism, forest tourism, RV camping tourism and characteristic urban tourism. 

Tropical feature high-efficiency agriculture

The province mainly focuses on enhancing off-sea breeding, developing natural rubber, consolidating and developing aquaculture of winter vegetables and melons, speeding up the development of tropical fruits, promoting the development of modern agriculture services, especially in logistics industry of agricultural product processing and leisure agriculture, Internet+ agriculture, and agricultural insurance.

Internet industry

The province enhances the development of application service industries, including electronic commerce, game animation and service outsourcing. Meanwhile, Hainan strengthens the integration between Internet and other industries including tourism, agriculture, medical care, education, logistics, real estate, and finance.

Medical care and health industry

The province focuses on promoting the development of medical licensing in Chinese medicine, health care, health insurance and internet health care services.

Finance and insurance industry

The province encourages domestic and foreign financial institutions to set up branches in Hainan, expands market players, increases credit funds, constructs multi-level financial markets, makes good use of the insurance dividend policy, strengthens inclusive finance, and promotes local financial innovation and other measures to enhance the development of the financial services industry in Hainan.

Exhibition industry

The province further improves facilities and services, actively introduces international conferences, associations and company annual meetings, cultivates a group of exhibitions with the characteristics of internationalization, specialization and branding in tourism shopping, marine tourism, health care, the Internet industry, efficient agriculture, aerospace and other fields.

Modern logistics industry

The province focuses on strengthening the province's integrated transport system, logistics infrastructure and logistics service facilities, studies the establishment of trading centers for energy, rubber, jewelry and other commodities, developing bonded logistics, cross-border electronic commerce, and promoting the logistics mode of innovation and logistics resource integration.

Oil and gas industry

Hainan strengthens efforts in the development of the raw materials industry, including oil, aromatic hydrocarbons, urea, and methanol,, as well as the fine chemical industry, new materials industry, high-end chemical product industry and energy trading industry.

Pharmaceutical industry

Relying on "Haikou Medical Valley", Hainan focuses on the development of medical industries in bio medicine, Chinese medicine, and medical equipment.

Low carbon manufacturing

Hainan spares no effort in the development of the automobile manufacturing industry, green food processing industry, new energy and new materials industry.

Estate industry

Hainan focuses on the development of shantytowns to improve residential real estate in the island, operating tourism real estate, and commercial real estate. Hainan has established a stable and healthy real estate product supply system and housing security system, and enhances the development of quality and features, which are considered as priorities.

High technology, education, culture and sports industry

Hainan cultivates biological medicine, membrane materials, special glass and special natural rubber materials, photovoltaic silicon solar cells and components and breeding, and pursues international cooperation in education. It also cultivates a characteristic entertainment industry, cultural tourism industry, cultural festival exhibition industry, film and television production industry, new media and creative industries, sports leisure industry and international cultural trade industry.

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