Hainan province is launching a 100-day campaign to attract global investment and talents, which is the starting point for the strategy of introducing 1 million talents to Hainan.
The move to attract investors and talents is part of the efforts to turn the island into an international pilot free trade zone by 2020 and a free port with Chinese characteristics by 2025, which the central government recently announced as key moves in the country's further opening-up.
Hainan reportedly lacks high quality talents, especially in the key fields, with some estimates predicting that Hainan's key industries will need about 500,000 talents over the next three years while graduates from colleges within the province will only be about 220,000 during this period.
The campaign to introduce investment and talents will accelerate the island's development as a pilot international free trade zone, making the island an important platform to attract global investors, projects, industries, advanced technologies and management experiences, according to local officials. Special housing policies will be part of the measures introduced to attract talents.