2021 Hainan Free Trade Port (Sanya) New Zealand special investment promotion meeting held in Shanghai

SANYA,CHINA – Media OutReach – 17 June
2021 – On 16^th of June, the
Hainan Free Trade Port (Sanya) New Zealand Special Investment Promotion
Conference 2021 was held in Shanghai. Related investment promotion institutions
from Sanya proactively introduced preferential policies in Hainan Free Trade
Port to nearly a hundred New Zealand enterprises both online and offline to
strengthen communications between two regions, gather and allocate high-quality
global resources and develop
industrial cluster, aiming to build Sanya an intersection city enabling the “Dual
Circulation”.

Representatives
from Sanya Investment Promotion Bureau, Sanya Committee of Development of
Science, Technology and Industry, Sanya Council for the Promotion of
International Trade, Sanya Yazhou Bay Science and Technology City
Administration, Sanya Central Business District Administration, the Management
Committee of Sanya Modern Service Industry Park, Sanya Tourism Promotion Bureau
and other institutions introduced preferential policies of Hainan Free Trade
Port, investment opportunities and urban industrial development in Sanya to key
enterprises, renowned business associations, and investment promotion agencies
in New Zealand while combining their business fields and park features.
Multiple departments in Sanya actively answered the questions of representatives
from NZBRiC, New Zealand Employers & Manufacturers Association, and other
participating institutions, highly recognized by foreign guests. 

It
is worth mentioning that to deliver an efficient conference, the Shanghai venue
was cloud-connected with the New Zealand branch venue, and relevant New Zealand
enterprises operating in Beijing and Guangzhou have also participated in the
event online. 

According
to representative of Sanya Investment Promotion Bureau, China and New Zealand
have close cooperation in import/export trade, education, agriculture and science industries, which are also
compatible with the construction of Hainan’s Free Trade Port. Currently, Sanya
is striving to become a benchmark city of Hainan Free Trade Port, where
investment is essential for the city’s economic development. In this
connection, Sanya Investment Promotion Bureau has been exploring ways to enrich
the mode of investment promotion. It has employed market-oriented approaches,
such as commissioned investment promotion, intermediary investment promotion,
business-driven investment promotion, and cloud investment promotion. It has
been identifying new models of investment promotion, such as investment
promotion by “leading enterprises”, key enterprises, industrial clusters, and
capital, as well as “enclave” investment promotion and “technology team +
capital + project” investment promotion. Efforts have been made to
strengthen inter-governmental synergy, and leverage the important roles of
various types of enterprises, chambers of commerce, and associations abroad in
investment promotion. Economic and trade liaison offices have been established
in key foreign countries (regions) to build a special global network for
investment in Sanya. Hainan Free Trade Port will present opportunities to the
whole world, and Sanya is working to attract investment from abroad, to build
an intersection city enabling the domestic and international dual cycles. By
connecting foreign investment with foreign trade, Sanya is working to bring in a
host of export-oriented projects; promote the interconnection between
investment promotion and consumption, introduce upgraded consumption projects,
promote high-end consumption and the return of consumer spending, and promote
the city’s building of an international tourism consumption center core area;
intensify international cooperation, establish liaison and cooperation
mechanisms such as cross-border exchange and benefit-sharing of key industrial
investment projects, realize the linkage of introduction and cultivation, and
build the city’s three characteristic industrial clusters.        

Representatives
from Sanya Foreign Affairs Office, Sanya Customs, Sanya Public Security Bureau,
and Sanya Council for the Promotion of International Trade and other
insitutions also attended the event.  

It
is reported that Sanya attaches great importance to quality investment
promotion. Since the release of the Master Plan for the Construction of Hainan
Free Trade Port, as of June 11 this year, Sanya has negotiated with 2,379
investing enterprises, 1,825 were
registered, and 254 have signed agreements. Among those, a host of
highlights have been produced in terms of international investment promotion:
253 new foreign-funded enterprises were established in Sanya, a year-on-year
increase of 295.3%; the actual utilization of foreign investment by investing
enterprises was USD 525 million, an increase of 93.7% year-on-year. Enterprises
from the US, Russia and other countries have come to make investments in
Hainan, to share the new development opportunities in Sanya. 

#Sanya Investment Promotion Bureau