This is Hainan

On August 9, the news conference of China Top 500 Foreign Trade Enterprises and the presentation meeting of Hainan investment environment were held in Haikou. The conference released the ranking of 2018 China Top 500 Foreign Trade Enterprises, and three Hainan enterprises are on the list.

The three Hainan enterprises on the list are Hainan Airlines Co., Ltd., SINOPEC (Hong Kong) Hainan Co., Ltd. and Hainan Yisheng Petrochemical Co., Ltd.

At the presentation meeting, the person in charge of Hainan Provincial Bureau of International Economic Development introduced the investment environment of Hainan and the further guideline to attract investment.

It is understood that the total trade volume of China's top 500 foreign trade enterprises accounts for 35.1% of China's total foreign trade in 2018. Last year, the total import and export value of Hainan's foreign trade was 84.9 billion yuan, up 20.8% from 2017 and 11.1% faster than the national foreign trade growth rate in the same period.

For Hainan province, ASEAN, the United States and the European Union are still the top three trading partners. Hainan' s foreign trade tends to show its development potential to achieve continuously stable growth. 

Source: Hainan Daily