New FTZ area set up for Hainan

    By MA ZHIPING | China Daily | Updated: 2018-06-04 07:32
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    Aerial photo of the Haikou Jiangdong New District of China (Hainan) Pilot Free Trade Zone taken on June 3, 2018. [Photo/VCG]

    Benchmark development zone established in provincial capital

    Hainan, China's southernmost province, has established a new benchmark area to promote development of the China (Hainan) Pilot Free Trade Zone, it was announced on Sunday.

    The new area-the Haikou Jiangdong New District of China (Hainan) Pilot Free Trade Zone-covers 298 square kilometers on the east coast of Haikou, the provincial capital. It will have two parts: a 106-sq-km ecological region boasting a key national wetland natural reserve, and 192 sq km that will serve both industrial and urban purposes.

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