China announces plans to further open up Hainan island

The Haikou Century Bridge connecting Haidian Island and the main Haikou area is pictured in Haikou, Hainan district, China May 6, 2018. China Daily via REUTERS/FilesBEIJING: China announced plans on Monday for the further opening up of its southern island province of Hainan, the Xinhua news agency said.

The plans will facilitate free trade, investment and cross-border capital flows in Hainan, and eventually designated imported goods will be exempted from tariffs on the whole island, Xinhua said. The government will also offer favourable tax policies to companies in Hainan, it added.China will steadily raise the special local government bond quota to support infrastructure construction in Hainan and encourage it to issue local government bonds to overseas investors, it added.

They will betray open promise as they betray the treaty with U.K. and HK now.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Yum China to bring Beyond Meat's plant-based burgers to ChinaYum China Holdings Inc said on Monday it will introduce Beyond Meat Inc's plant-based burgers at its fast-food restaurants in mainland China ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China media bristles at US moves on Hong Kong over national security pushHONG KONG (REUTERS) - China's state media lashed out on Sunday (May 31) at possible retaliatory moves by the United States to impose sanctions and end Hong Kong's special status if Beijing imposes new national security laws, as the city braces for fresh protests.. Read more at straitstimes.com. It won't sway the HK people towards mainland China wtf. Lmao. The HK people themselves have been advocating US intervention.
Source: The Straits Times - 🏆 8. / 63 Read more »

China reports two new coronavirus casesBEIJING (REUTERS) - China recorded two new confirmed cases of coronavirus on May 30, down from four the day before, data from the country's health authority showed on Sunday (May 31).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Key focus of US presidential election lies in Trump's dealings with ChinaWASHINGTON - Just as unfair trade and illegal immigration from Mexico were key rallying cries in 2016 for then presidential candidate Donald Trump, who tapped into longstanding grievances, China is the new spectre in the 2020 presidential campaign.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

As China approves Hong Kong law, Britain tries to make amends for its colonial pastLONDON - China has responded angrily to British criticism of its proposed Hong Kong security law, and threatened unspecified 'countermeasures' after the government in London announced its decision on Thursday (May 28) to offer what it referred to as a 'path to citizenship' to many of the citizens of the former British colony.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

In Hong Kong, China threatens businesses and workersHONG KONG (NYTIMES) - China and its allies are using threats and pressure to get business to back Beijing's increasingly hard-line stance toward Hong Kong, leading companies to muzzle or intimidate workers who speak out in protest.. Read more at straitstimes.com. I really appreciate your efforts Uhlmann StandwithHK and People of democracy world, tyranny of Chinese Communist Party threaten enterprise to support Beijing direction. The pressure put under the employees and partners, who's speak out the truth. It makes culture revolution 2.1 HongStrike CCP interference is real. Now a new company can’t complete company registration without being subject to political censorship.
Source: The Straits Times - 🏆 8. / 63 Read more »