A government official from Hainan province (4th right) speaks at a symposium on Hainan-Hong Kong cooperation in modern service industry development in the South China island province Tuesday.
A signing ceremony for investment and cooperation agreements between Hainan Province and Hong Kong government was held Tuesday, according to Hong Kong-based Wen Wei Po.

Hainan Province signed contracts on 22 projects with Hong Kong companies at the ceremony with total investment amounting to 30.51 billion yuan ($ 4.51 billion), focusing on the tourism, real estate and service sectors.
Hong Kong is now the leading source of overseas private investment in Hainan, where the drive to build the subtropical island into a top international tourist destination has been elevated to a constituent of "the national development strategy" since last year.

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