(Focus on Consumer Expo) Overseas Chinese-funded enterprises are optimistic about investment opportunities in the free trade port, "overweight" layout in Hainan

　　China News Service, Haikou, July 27th (Fu Yuqun) "I am optimistic about a series of innovative preferential policies in taxation, talents, R&D and other aspects launched by the company after its landing, as well as the development prospects of the industry. The focus of Kangzhi's development has shifted to Hainan." Hong Jiangyou, chairman of Kangzhi Group and Kangzhi Pharmaceutical Co., Ltd., said at the 2022 World Overseas Chinese Entrepreneurs Tour in Hainan and the "Entrepreneurial China · Overseas Chinese Entrepreneurs Forum" held here that the company has moved its headquarters to Haikou last year, and will increase the number of overseas Chinese in the future. Great investment in Hainan.

　　The 2nd China International Consumer Goods Expo is being held in Haikou. At the Overseas Chinese Business Forum held during the period, many overseas Chinese entrepreneurs believe that with the continuous optimization of the business environment and investment environment of the Free Trade Port, especially the access and cross-border investment of foreign investors Policies such as the negative list for foreign trade in services have been introduced one after another, bringing new opportunities for foreign-funded enterprises to invest and develop in Hainan.

　　As the world's leading pulp and paper group company, Sinar Mas Group APP started investing in Hainan as early as 1997.

Jinhai Pulp & Paper, located in Yangpu Economic Development Zone, is currently the largest integrated forest-pulp-paper industrial base in China.

After the Regional Comprehensive Economic Partnership (RCEP) came into effect at the beginning of this year, Jinhai Pulp & Paper became the first approved exporter under RCEP in Hainan Free Trade Port.

　　Zhai Jingli, Vice President of APP (China) of Sinar Mas Group, introduced that in the face of the repeated COVID-19 epidemic and the global economic downturn, the total output value of Jinhai Pulp and Paper in 2021 will reach 13.2 billion yuan, and the import and export value will reach 8.4 billion yuan, achieving growth against the trend.

"The group plans to continue to increase investment in Hainan. During the '14th Five-Year Plan' period, it will make efforts in digital transformation and green transformation, and launch a series of world-leading green recycling projects."

　　As one of the earliest foreign-funded enterprises to enter Hainan Province, CP Group has been deeply involved in the field of agriculture and animal husbandry in Hainan for decades, and its business involves feed business, aquatic seedling breeding and breeding business, and retail business.

At present, the Chia Tai Wanning Xinglong Coffee Project with a total investment of 2 billion yuan is in full swing.

　　"Hainan Free Trade Port, as a channel for foreign market entities to enter the super-large Chinese market, will certainly have great potential." Xie Yi, senior vice chairman of CP Group, said that the CP Xinglong coffee project is another strategic development of CP Group in Hainan. A new growth point for the food and beverage business.

CP Group will give full play to the brand advantages, industrial advantages and international resource integration advantages of multinational enterprises to promote Xinglong Coffee to the international market, especially the Southeast Asian market.

　　At the Overseas Chinese Business Forum, Hainan Returned Overseas Chinese Federation signed a contract with the Hainan Provincial People's Procuratorate and the Hainan International Arbitration Court to provide legal protection for returned overseas Chinese relatives, overseas Chinese and overseas Chinese enterprises to invest in Hainan.

　　Data show that in 2021, Hainan will actually use foreign capital of US$3.52 billion, a year-on-year increase of 16.2%; 1,936 foreign-invested enterprises will be newly established, a year-on-year increase of 92.64%.

In order to strengthen foreign investment services and protection, Hainan has taken many measures to build a free and convenient trade and investment environment.

In various fields, a number of high-quality foreign-funded projects have been put into operation in Hainan.

　　Wang Xueli, chairman of Tianjin Delide Group Minmetals Import and Export Co., Ltd., said that after the island-wide customs closure of Hainan Free Trade Port, foreign capital will enjoy more dividends.

Next month, the company plans to organize three teams to visit Sanya, Haikou and Qionghai, hoping to implement docking projects in the fields of logistics and new technology.

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