The Haikou Integrated Free Trade Zone (FTZ) has attracted 50 cross-border e-commerce companies, according to the Department of Commerce of Hainan Province.
Two-way trade settlement services started on Tuesday in Hainan following the launch of a free trade (FT) account in the China (Hainan) Pilot Free Trade Zone in southern China's Hainan province.
The free trade account for China (Hainan) Pilot Free Trade Zone was launched on Tuesday in Hainan province, as part of the efforts to develop a sound business environment in the country's largest free trade zone established in April 2018.
The nation will accelerate the development of pilot free trade zones and ports via policy innovation and adequately expand their size to advance all-round opening-up in 2019, said commerce officials.
Excellent foreign students with a master's degree or above from Chinese universities will be allowed to find jobs and start businesses in Hainan and work permits will be granted, according to a newly released document by the Ministry of Human Resources and Social Security.
Hainan Free Trade Zone this week launched 100 construction projects with a total investment of 29.8 billion yuan ($4.29 billion) from local governments and enterprises in and outside of Hainan.
China's Hainan province will increase its annual tax-free shopping quota for travelers, according to the Ministry of Finance (MOF) Wednesday.
Overview
Haikou 
Sanya 
