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Hainan promotes trade links at CIFIT

( chinadaily.com.cn )

Updated: 2015-10-29

A business delegation from Hainan promoted the southern island province's pillar industries during the 2015 China International Fair for Investment & Trade, which was held in Xiamen, East China's Fujian province, from Sept 8 to 11.

The promotional activities reaped 123 deals so far.

Investors from Fujian province inked 17 deals to invest 7.5 billion yuan in Hainan. Businesses in Guangdong province signed 15 agreements to invest 26.4 billion yuan. Hong Kong investors entered into six deals to invest 6.7 billion yuan ($1.1 billion), while Taiwan investors signed an identical number of deals to invest 11.3 billion yuan. Foreign investors signed three deals carrying investment to Hainan of 700 million yuan.

Agreements signed by Beijing investors prevailed in both amount and value, at 41 and 102 billion yuan respectively.

Projects enabled by deals:

Twenty cooperation projects were signed to boost convention and exhibition businesses, and to introduce brands and build infrastructures.

Hainan will introduce technology and management methods from Italian partners to build a leisure and sightseeing agricultural park in Wanning, a coastal city in southeast Hainan.

A Beijing-based tech company will help Hainan construct its smart village program with big data technologies.

With the engagement of Hainan-based tech firm Silver Wind, the smart classroom program will introduce cloud technology into campus education to make profound educational resources available to students and teachers and to enable instant interaction between them.

A Ningde, Fujian-based aquatic breeding company will grow groupers in Hainan and Xiamen. The plan is to breed the fish in Hainan until they are half matured, then move them to Xiamen to wait for them becoming ready for processing and sale.

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