Sanya leads Hainan FTZ in signing deals on 11 projects
Sanya is becoming a more popular destination for domestic and overseas investment, as construction of the China (Hainan) Pilot Free Trade Zone (Port) gains momentum.
On July 18th, 2019, construction on the fifth round of projects in the China (Hainan) Pilot Free Trade Zone (FTZ) began in Sanya. On that day, Sanya signed deals with eleven enterprises from home and abroad for a total of 11 cooperative projects.
The projects cover fields including headquarters economy, commodities trading, finance, high-tech, aviation, healthcare, education, and human resources.
The eleven companies are:
– Central University of Finance and Economics
– Dajia Insurance Group
– Aerospace Digitnexus Information Technology (Hainan) Co., Ltd.
– Beijing Foreign Enterprises Human Resources Service Co., Ltd.
– China Stem Cell Group
– Pacific Meinuoke
– iFLYTEK Co., Ltd.
– Beijing Infervision Co., Ltd.
– I-Fly Airlines
– TEZ TOUR
– Pacific Islands Trade and Invest
Central University of Finance and Economics
Central University of Finance and Economics will develop a comprehensive strategic cooperation relationship with Sanya in establishing a Hainan Research Institute of the Central University of Finance and Economics. The university will also jointly build industrial parks intended to spur innovation, improve talent development, and lift Sanya’s city competitiveness.
Beijing Foreign Enterprises Human Resources Service Co., Ltd.
As the largest human resource company in China, Beijing Foreign Enterprise Service Group Co., Ltd. will set up its regional headquarters in Sanya, Hainan. The company is planning to establish a mediation committee to provide assistance services for foreign enterprises in Sanya, as well as attract more high-quality domestic and foreign enterprises, and help them set up branches in the city.
Pacific Meinuoke will set up its headquarters in Sanya. Meanwhile, it will promote the establishment of a drug sales company, a research and development center, a medical center for cancer immunotherapy, a service center for molecular diagnostics, and a center for molecular medicine conversion science, with the aim of helping the city develop into a national innovation demonstration base for the healthcare industry, for education, and for research.
iFLYTEK Co., Ltd.
iFLYTEK Co., Ltd. will actively promote the use of AI translation devices and help Sanya develop into an international language barrier-free city. The company will work with government services centers to optimize the business environment, promoting the ecological construction of a regional AI industry as well as carrying out pilot work on an “AI and education” project, with the goal of promoting the development of education informatization in the region
The Russian charter carrier I-Fly Airlines will set up its Asia-Pacific headquarters in Sanya. The company will use Sanya as an Asia-Pacific transit base as part of an effort to open more international air routes, further helping the city develop into an international aviation hub.
Beijing Infervision Co., Ltd.
Beijing Infervision Co., Ltd. will set up its regional headquarters in Sanya. The company will set up a cancer research center and a training center for artificial intelligence (AI) medical talented inviduals in Sanya. The company will also organize high-end AI academic conferences intended to further promote the development of medical informatization in the region.
China Stem Cell Group
The China Stem Cell Group will deepen cooperation with Sanya, and will set up a wholly-owned subsidiary company as well as an academician workstation in the city. The company will also fund a medical assistance project in support of children living with Thalassemia.