Hainan included in the Industrial Catalogue for Foreign Investment
The Midwestern Advantaged Industrial Catalogue for Foreign Investment, which has just been approved by the State Council, will take effect from June 10th. Hainan has been included in the catalogue.
From this, Hainan province will be able to enjoy a series of national preferential policies such as the project support to encouraging foreign investment and some tax deductions with the other 21 provinces in the central and western regions.
A total of 22 of Hainan’s industries were listed in the advantaged industrial catalogue, involved in areas such as agriculture, manufacturing, transportation, tourism, water conservancy, environment and public facilities management, health, culture, sports and entertainment.