The Haikou authorities presented development goals and objectives for 2021 as part of the implementation of the fourteenth five-year plan (2021-2025), announced the Mayor of Haikou Ding Hui.
"This year, Haikou should achieve double-digit GDP growth, it is necessary to promote the attraction of investment in fixed assets, the growth of retail sales of consumer goods, as well as an increase in disposable income per capita in both urban and rural areas," he told www.hinews.cn.
According to the official, the city authorities intend to promote the development of the high-tech industry and draw companies from this area to the region. The Haikou government also plans to support the development of an industrial park in Fuxing City, located 17 km from the provincial capital.
According to the mayor, it is planned to increase the inflow of foreign investments by 18% in annual terms, import and export of goods and services — by 15% and 18%, respectively. The authorities will continue to develop and simplify the business climate for companies with foreign capital. According to plan, the number of newly registered enterprises in the city by the end of the year should be twice as high as in 2020.
Ding Hui also pointed out that in 2021, special attention will be paid to improving infrastructure, in particular, in the field of transport and logistics. In addition, Haikou will continue to fight for air quality: over the years, the city has repeatedly become the city with the cleanest air in China. According to official figures, in 2020 Haikou achieved the best indicators for the number of harmful particles in the atmosphere in the last five years.
According to the news outlet, the goals and objectives of Haikou for development in 2021 are in line with the program for the construction of Hainan's free trade port.
By 2025, the Chinese government intends to create an "international center for tourism and consumption" on Hainan. In order to do so, the "Eastern Hawaii" with their unique natural landscapes, thick rainforests and great climate will establish a developed network of hotels, which blend perfectly with white sandy beaches stretching along the coastline. The combination of an exotic subtropical nature and a modern eco-friendly infrastructure will boost tourist inflow to the island from the most distant parts of the world.
In April 2018, Chinese President Xi Jinping announced the launch of Hainan's project to build a pilot free trade zone. According to the authorities' plan, the creation of a pilot zone will give impetus to the processes of globalization of the island's economy and increase the attractiveness of the Chinese province for foreign investors. It is expected that by 2050 Hainan will become a unique international cluster with an advanced economic system, which includes a free trade zone, campuses of the best universities, the most modern scientific laboratories and the headquarters of world corporations.
On June 1, the Central Committee of the Chinese Communist Party and the State Council published the General Development Program for Hainan's Free Trade Port, according to which an effective mechanism to stimulate sustainable and long-term growth should be finally formed in Hainan by 2025. It is expected that thanks to new methods, many of which are being introduced in China for the first time, the province will be able to fulfill a number of key socio-economic tasks necessary to form a powerful financial and economic center in the country’s south. It is assumed that by 2035 both the economic and innovative potential of this region will be maximized, and it will become one of the most attractive places for international investors.
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