High Tech Industry
In 2019, high-tech industry in Hainan realized added
value of 26.21 billion yuan, up 4.5% YoY. The number of
high-tech enterprises reached 566, up 48.6% YoY, and the
operating income was 74.02 billion yuan. High-tech
industry has gradually become the new engine of Hainan’s
modern economic system.
10 science and technology business incubators in the
province, and 2 state-level incubators
28 entrepreneurship spaces, 7 of which nationally registered
118 academician innovation platforms across the province
"Sea, land and air" simultaneous development
Seed and Tropical High-
communication transfer center
§ Global tropical
§ Global animal and
§ Space launch
New energy vehicles
§ Internet of Things
§ Digital trade
New Opportunities for FTP Investment
Introduce preferential tax system. Hainan free trade port will implement a "zero tariff, low tax rate and
simple tax system" similar to Hong Kong, Singapore and other world-famous free trade ports.
Provide convenience in cross-border investment, financing and capital flow. The free trade port will
implement a flexible foreign investment and foreign exchange management system, and innovate ways of
Facilitate free movement of the talents and communication of information. The visa-free policy for
people from 59 countries and the convenient cross-border flow of data make it easier for high-tech talents to
work in Hainan, making patented technology creation environment more friendly.
Reduce the investment cost of high-tech enterprises through implementing Headquarter Policy.
Hainan is adjusting its headquarters policies. It will attract R & D centers of world renowned enterprises.