On January 17, the representative of the People's Government of Hainan Province 
revealed at the second press conference held at the Third Session of the Sixth 
National People's Congress of Hainan Province that the People's Government of 
Hainan Province had been actively promoting the construction of the free trade 
zone and free trade port in 2019. The province's economic society showed steady 
progress, better structure, stronger momentum, improved benefits and more 
sustainable high-quality development.

The Hainan Provincial Development and Reform Commission introduced that 
Hainan's main indicators in 2019 saw steady growth. In 2019, Hainan's 
export-oriented economic development and transformation achieved positive 
results, bringing a lot of highlights and vitality to the development of 
foreign investment, foreign trade and other fields. In addition to Hong Kong, 
Singapore and the United States, foreign direct investment in Hainan Province 
from Germany, Canada and other developed regions in Europe and the United 
States also achieved breakthroughs. At the same time, Hainan further 
strengthened its trade with the countries along the Belt and Road, promoted the 
"Windows to Global Trade" project, and optimized its trade structure around the 
purpose of building an international tourism consumption center, making the 
import of duty-free products a new highlight in the development of foreign 
trade.

In 2019, Hainan achieved fruitful results in its structural adjustment and 
transformation of growth engines. 

In terms of tropical agricultural development, Hainan actively facilitated the 
integration of primary, secondary and tertiary industries and put its emphasis 
on the three pillar industries of rubber, coconut and betel nut, and the 
research, development and production of winter fruits and vegetables. 

New space was explored for modern service industry. Hainan's Internet industry 
was developing rapidly, and its support for key industries and major projects 
was strengthened in terms of the financial industry. Hainan also launched Sanya 
Yazhou Bay Science and Technology City, Lingshui Li'an International Education 
Innovation Pilot Zone and other projects.

The development of high-tech industries was accelerated. Hainan was actively 
developing emerging land, sea and air industries, extending the oil and gas 
industry chain and expanding the development space of the pharmaceutical 
industry. "Against the background of increased economic downward pressure, the 
number of high-tech enterprises in Hainan has reached new highs to 566," said 
Xie Jing, Director-General of Hainan Provincial Department of Science and 
Technology, noting that scientific and technological innovation is effectively 
boosting Hainan's economic transformation and development. 

In terms of tourism, Hainan received 83.112 million domestic and foreign 
tourists in 2019, bringing the total tourism revenue to RMB 10.578 million. 
Among them, 1.4359 million inbound tourists were received, up 13.6% year on 
year. "Hainan took the construction of an international tourism consumption 
center as its key task in 2019 to promote the transformation and upgrading of 
the tourism industry in the overall deepening of reform and opening up," said 
Sun Ying, Director-General of the Department of Tourism, Culture, Radio, 
Television and Sports of Hainan Province.

Source: The People's Government of Hainan Province