New FTZ area set up for Hainan

Located in the core of the northern Hainan comprehensive economic integration circle that links the cities of Haikou, Chengmai and Wenchang－which has China's only tropical and coastal space launch center－the Jiangdong New District has a robust ecology with rivers, lakes and wetlands. It also enjoys the convenience of Meilan International Airport and sufficient land resources to support integrated, high-level planning and development.

"The new district will be an international trading venue for energy, shipping, bulk commodities, property rights, stock equities and carbon credits," Fu said.

He said the new district will host the regional headquarters of international and domestic industrial conglomerates and groups, scientific research institutions and service organizations, and also be built into an international financial trade center and international education base.