Haikou, July 7 (Reporter Fu Yuqun) "We will publicize to our member enterprises what we have seen and heard during our inspection in Hainan, and bring business opportunities to Hainan Free Trade Port for enterprises in Hong Kong." Yang Kaishan, president of the Federation of Industry and Commerce of all districts in Hong Kong, said at the "Seizing Free Trade Opportunities for Integrated Development" exchange forum held by Hainan officials on the 5th that through this economic and trade inspection activity, the delegation has a more comprehensive and in-depth understanding of the Hainan Free Trade Port, and many enterprises have planned to "seize the opportunity for development" and consult the investment landing in Hainan.
The "Hainan Province Industry and Commerce Economic and Trade Delegation" of the Federation of Industry and Commerce of all districts in Hong Kong and the Federation of Industry and Commerce of Tsuen Wan Industry and Commerce of Hong Kong, led by the Federation of Hong Kong Hainan Community Organizations, came to Qiong from July 7 to 4 for inspection and exchange. On the 7th, the United Front Work Department of the Hainan Provincial Party Committee and the Hainan Federation of Industry and Commerce held an exchange seminar with the delegation to promote the Hainan Free Trade Port.
On July 7, Haikou, Hainan, the scene of the exchange seminar on "seizing free trade opportunities and seeking integrated development". Photo by China News Agency reporter Luo Yunfei
"The Hainan government's support policies for industries and preferential tax policies are favorable factors to attract investment from enterprises." Cai Shaolin, chairman of the Hong Kong Tsuen Wan Federation of Industry and Commerce and chairman of Zhongzheng Commercial Aviation (China) Co., Ltd., said that after the operation of the Hainan Free Trade Port's island-wide customs closure, exchanges of personnel, funds, and trade have become more convenient and business opportunities are limitless. At present, he has set up a company in Hainan to carry out logistics supply chain business, and plans to introduce more products into Hainan through Hong Kong in the future, and the related business of the big health industry is also under consideration.
Hong Kong is a major source of foreign capital in Hainan. Lin Sheng, Deputy Director of the United Front Work Department of the Hainan Provincial Party Committee and Secretary of the Party Group of the Hainan Federation of Industry and Commerce, introduced that since the construction of the Hainan Free Trade Port, many investment projects of Hong Kong-funded enterprises have been attracted to Hainan. From 2018 April 4 to February 13, Hong Kong established 2023,2 new Hong Kong-funded enterprises in Hainan, with actual use of US$1976.95 billion.
Lin Sheng said that the United Front Work Department of the Hainan Provincial Party Committee and the Provincial Federation of Industry and Commerce will give full play to the advantages of the resources of the united front and the role of the Chamber of Commerce as a bridge and the advantages of non-governmental exchanges, continue to promote cooperation in the economic, trade, technology and other fields that will help the two places, share the advanced experience and practices and enterprise resources of enterprises in the development of the two places, and share the development opportunities of the Hainan Free Trade Port.
During the four-day event, the delegation will visit Haikou, Ding'an, Chengmai, Qionghai and other places, visiting the key parks of Hainan Free Trade Port and the Hainan Hong Kong and Macao Youth Innovation and Entrepreneurship Service Center. (End)