According to the press conference held by the Hainan Provincial Press Office in May 18, since the beginning of this year, Hainan has newly increased 31 key enterprises whose shareholders pertain to the world or China top 500 enterprises and China State-owned enterprises. And up to this April, the provincial actual use of foreign investment amounted to 102 million dollars, a year-on-year increase of nearly 20 times.
Since last year, Hainan has witnessed a sustaining rapid growth of the market entities, which becomes an important support for entrepreneurial innovation and employment as well as a vital drive for the construction of Hainan Free Trade Zone and Free Trade Port. Up to now, there are 794,000 market entities in Hainan Province with a total of 281,000 enterprises, accounting for 35.4% of the total market entities in the province, along with a total of 513,000 individual business, accounting for 64.6%.
According to the statistics, since this March, with the steady increase of market entities, Hainan has newly established 34,000 market entities, an average of 598 new entities per day. Among the newly established enterprises, foreign-funded enterprises is a small part but with a rapid growth, especially the industries on scientific research and technology services, wholesale and retail, information transmission, software and information technology services, etc..
As for foreign investment, as of the end of April, a total of 109 new foreign-funded enterprises have been established in the province, a year-on-year growth of 3.7 times. The actual use of foreign investment amounted to 102 million dollars, a year-on-year increase of nearly 20 times, ranking the top in the country. Foreign investment in tourism industry, modern service industry, high-tech industry and other industries accounted for 27.1%, 40.6%, 17.6% and 14.7% respectively.Responsible editor： 石一涵
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