Page 130 - 2020 Special Report on the State of Business in South China
P. 130
waiver for tourism visa for foreign visitor that is already in place, Hainan seeks to increase
the value-added of the tourism industry through promotion of convention and exhibition
industry, expansion of cruise ship traffic, construction of international themed parks, and
development of medical tourism and sports tourism.
Fig 1F0ig R9 aRpaidpildylyddeevveeloloppinnggttoouurisrtisintdinusdturysitnryHaininHanainan
Tourist arrival in Hainan
140
120
100
m trip 80
60
40
20
0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Domestic International
Source: Wind
Source: Wind
Recent policies and reforms
- In terms of access to credit and improvement construction and development of the three major
of thAecftiinoannPcilnagn efonrviOropntmimeinztin, HgatihneanBwusililnceosnsduEcntvironmsceienntcoefaHnadintaecnhPnroolovginycceit(ie2s0:1S9h-2e0n2z0h)en, Nanfan
a piIlnoot rrdeefrotromfuortnhetrhiempinrotevegrtahteiorunleoof flolacwa,l inatnedrnationaanlidzaAteiornosapnadcefa, rceilsitpaeticotniveolfy.the business
foreeignnvircounrmreenncty, oanccJouulynt1s1,,a2n0d19w,itlhl edePseigonplaen’s FGTovernment of Hainan Province announced
accothuent“AscytsitoenmPloafn“cfoornOvepntiimenizciengfirthste, Bseucsoinneds-lsinEenvironme-nEtsotfaHblaisinhaannPirnodvuinsctrey(2gu01id9a-n2c0e20fu)”n, d, market-
maninacgleumdinegn:t” to promote the free flow of capital oriented South Breeding Venture Capital Fund,
and freely convertible currency. provincial science and technology achievement
- In terms of starting a business, Hainan willtrfuarnthsfeorremxpaatinodnthinev"essetpmaeranttiofnuonfd, and military-
- In terms loicfecnrsoesss-abnodrdcreerdternatdiaels, "Hraeifnoarmn awnildl expacnidviltihaen rinatneggeraotifornefionrdmusintrythinevteosutrmisemn,t fund, etc., to
establish andmiomdperronvseeravibceigs daantdahmigahn-taegcehminednutstries.support the development of industry in science and
and ctiocns-taron ldIHinncaatfienoprarimtmnaswlaoftilflilooacwncocnsesdytsuossctttaeoacmchpriielfeodovtiretreappfnoerdroemicpmilospeenr,othveeminoteteefncgtdhroenafvottieloholneogpyofimnfcialetoinneccsati;nlfguagunneidddnsefvoiftrrohoerenigmiennxedcinsuuttsri,nrterginaRclmytobw2n0s billion
logis to be
management aacncdocuonntst,roaln. d will design an FT account siynsvteesmteodfi“ncoscniveennceieanncde tfeircsht,nsoelocgoyndci-tliiense.
management” to promote the free flow of capital and freely convertible currency.
Measures to Support the
- Implement flexible land use methods to
Development of Three Major Science encourage compatible use of land plots and
and Technology Cities business format integration; implement a “flexible
period” supply system for land use, and “flexible
To promote the high-quality development of period” + “gambling agreement” supply methods
three major science and technology cities (Shehnai, for industrial and scientific research land.
Nanfan, Aerospace of Wenchang) in Sanya,
on January 8, 2019, the People’s Government Special Economic Zones
of Hainan released the “Measures to Support
the Development of Three Major Science and
Technology Cities”, including: China (Hainan) Pilot Free Trade Zone
- Establish a funding guarantee mechanism, and On April 13, 2018, General Secretary Xi Jinping
actively seek the support of the central government announced at a gathering celebrating the 30th
for the three major science and technology anniversary of the founding of Hainan Province
cities; the provincial and municipal fiscal budgets and the Hainan Special Economic Zone that the
will arrange Rmb500 million each year for the CPC Central Committee had decided to support
130
the value-added of the tourism industry through promotion of convention and exhibition
industry, expansion of cruise ship traffic, construction of international themed parks, and
development of medical tourism and sports tourism.
Fig 1F0ig R9 aRpaidpildylyddeevveeloloppinnggttoouurisrtisintdinusdturysitnryHaininHanainan
Tourist arrival in Hainan
140
120
100
m trip 80
60
40
20
0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Domestic International
Source: Wind
Source: Wind
Recent policies and reforms
- In terms of access to credit and improvement construction and development of the three major
of thAecftiinoannPcilnagn efonrviOropntmimeinztin, HgatihneanBwusililnceosnsduEcntvironmsceienntcoefaHnadintaecnhPnroolovginycceit(ie2s0:1S9h-2e0n2z0h)en, Nanfan
a piIlnoot rrdeefrotromfuortnhetrhiempinrotevegrtahteiorunleoof flolacwa,l inatnedrnationaanlidzaAteiornosapnadcefa, rceilsitpaeticotniveolfy.the business
foreeignnvircounrmreenncty, oanccJouulynt1s1,,a2n0d19w,itlhl edePseigonplaen’s FGTovernment of Hainan Province announced
accothuent“AscytsitoenmPloafn“cfoornOvepntiimenizciengfirthste, Bseucsoinneds-lsinEenvironme-nEtsotfaHblaisinhaannPirnodvuinsctrey(2gu01id9a-n2c0e20fu)”n, d, market-
maninacgleumdinegn:t” to promote the free flow of capital oriented South Breeding Venture Capital Fund,
and freely convertible currency. provincial science and technology achievement
- In terms of starting a business, Hainan willtrfuarnthsfeorremxpaatinodnthinev"essetpmaeranttiofnuonfd, and military-
- In terms loicfecnrsoesss-abnodrdcreerdternatdiaels, "Hraeifnoarmn awnildl expacnidviltihaen rinatneggeraotifornefionrdmusintrythinevteosutrmisemn,t fund, etc., to
establish andmiomdperronvseeravibceigs daantdahmigahn-taegcehminednutstries.support the development of industry in science and
and ctiocns-taron ldIHinncaatfienoprarimtmnaswlaoftilflilooacwncocnsesdytsuossctttaeoacmchpriielfeodovtiretreappfnoerdroemicpmilospeenr,othveeminoteteefncgtdhroenafvottieloholneogpyofimnfcialetoinneccsati;nlfguagunneidddnsefvoiftrrohoerenigmiennxedcinsuuttsri,nrterginaRclmytobw2n0s billion
logis to be
management aacncdocuonntst,roaln. d will design an FT account siynsvteesmteodfi“ncoscniveennceieanncde tfeircsht,nsoelocgoyndci-tliiense.
management” to promote the free flow of capital and freely convertible currency.
Measures to Support the
- Implement flexible land use methods to
Development of Three Major Science encourage compatible use of land plots and
and Technology Cities business format integration; implement a “flexible
period” supply system for land use, and “flexible
To promote the high-quality development of period” + “gambling agreement” supply methods
three major science and technology cities (Shehnai, for industrial and scientific research land.
Nanfan, Aerospace of Wenchang) in Sanya,
on January 8, 2019, the People’s Government Special Economic Zones
of Hainan released the “Measures to Support
the Development of Three Major Science and
Technology Cities”, including: China (Hainan) Pilot Free Trade Zone
- Establish a funding guarantee mechanism, and On April 13, 2018, General Secretary Xi Jinping
actively seek the support of the central government announced at a gathering celebrating the 30th
for the three major science and technology anniversary of the founding of Hainan Province
cities; the provincial and municipal fiscal budgets and the Hainan Special Economic Zone that the
will arrange Rmb500 million each year for the CPC Central Committee had decided to support
130
