GNW News: Accelerated industrial development has triggered an investment boom in Sanya, China

^SANYA, China, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Recently, in Sanya, Province

Hainan, the Investment and Project Promotion Conference 2025 will take place, at which

Various departments are working closely on positioning the city as

international investment center and a plan for various

sectors for the entire year.

The Publicity Department of the Sanya Municipal Party Committee

points out that Sanya is a pioneer and important showcase project for the

Construction of the Hainan Free Trade Port a high-quality development

driven by technological innovation and characterized by a

tourist destination to a modern coastal city with a double focus on

Tourism and innovation and becomes an irresistible magnet for

investors.

This is made possible by the open policy of the free trade port and the favourable

framework conditions for companies. Last year, Sanya was one of the

Good results have been achieved in attracting investments. 25 fixed

Investment projects worth 36.3 billion yuan were signed.

With the help of foreign investment, 446 new companies worth

130 million USD, including the China Tourist Group Sanya Bay

Headquarters, the DFS Yalong Bay Project and MFF, the first Maltese

Companies in the free trade port. Multinational companies such as Intel,

Swire and Zijin Mining have built factories and robust industry chains, especially

especially from the areas of seed breeding from southern China, deep sea technology,

modern business services and upscale tourism,

also settled there.

"We attach great importance to the development of the Chinese market." Colin

McGregor, founder of the Australian company Biogenesis, explained that the

Group opened its headquarters for the Asia-Pacific region in the

Yazhou Bay Science and Technology City in Sanya. The

Presence of research institutes and industry in the neighborhood has

undoubtedly their research in the field of microalgae and chlorella technology

and facilitates their commercialization. McGregor is very optimistic about

the partnership with Sanya and plans to hold a global microalgae forum in

the city, to organize relations with agriculture, the

Biomanufacturing and beyond and to achieve win-win outcomes

achieve.

Nowadays, the approval for registering a company in the

Sanya's most important parks only three working days, and the corporate tax

is only 15%. To support commercial initiatives, Sanya has also

a global investment service hotline (4009-520-520) has been set up, which

Questions from foreign-funded companies answered. In addition,

A central contact point was established in the form of the "International Service Zone"

which pools resources from 16 departments and 25 procedures for

provides support to foreign companies and talents.

Source: Publicity Department of the Municipal Party Committee of

Sanya

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