High Tech Industry  
Current Status  
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In 2019, high-tech industry in Hainan realized added  
value of 26.21 billion yuan, up 4.5% YoY. The number of  
high-tech enterprises reached 566, up 48.6% YoY, and the  
operating income was 74.02 billion yuan. High-tech  
industry has gradually become the new engine of Hainan’s  
modern economic system.  
10 science and technology business incubators in the  
province, and 2 state-level incubators  
28 entrepreneurship spaces, 7 of which nationally registered  
118 academician innovation platforms across the province  
Development  
Direction  
"Sea, land and air" simultaneous development  
Abyssal sea  
technology  
Aerospace  
Seed and Tropical High-  
productive Agriculture  
Advanced  
manufacturing  
Smart Hainan  
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Abyssal sea  
equipment  
Abyssal sea  
material  
Abyssal sea  
communication transfer center  
… ……  
§ Global tropical  
agricultural center  
§ Global animal and  
plant resources  
§ Space launch  
center  
§ Space  
supercomputing  
center  
……  
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Eco and  
environment  
protection  
Biomedicine  
New energy vehicles  
Smart vehicles  
§ Internet of Things  
§ AI  
§ Blockchain  
§ Digital trade  
……  
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introduction and  
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New Opportunities for FTP Investment  
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Introduce preferential tax system. Hainan free trade port will implement a "zero tariff, low tax rate and  
simple tax system" similar to Hong Kong, Singapore and other world-famous free trade ports.  
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Provide convenience in cross-border investment, financing and capital flow. The free trade port will  
implement a flexible foreign investment and foreign exchange management system, and innovate ways of  
government regulation.  
Facilitate free movement of the talents and communication of information. The visa-free policy for  
people from 59 countries and the convenient cross-border flow of data make it easier for high-tech talents to  
work in Hainan, making patented technology creation environment more friendly.  
Reduce the investment cost of high-tech enterprises through implementing Headquarter Policy.  
Hainan is adjusting its headquarters policies. It will attract R & D centers of world renowned enterprises.