The Free Trade Zone (FTZ) in Hainan – an island province of China – is making history and ushering in a new era of sustainable development.
With favorable new policies and incentives to support the online gaming industry and elevate arts as well as culture, it is opening up China to a world of new possibilities.
From systematic support in planning and infrastructure to financing and availability of talent, all aspects are catered to. In addition to this, it will stimulate the use of emerging technologies such as 5G, Virtual Reality (VR), and Augmented Reality (AR), liberalizing the online gaming industry.
Hainan will also be supported in carrying out the "Belt and Road" cultural exchanges and cooperation and acquire various resources including, capital and technology from the countries along the "Belt and Road."
Giving a boost to the art industry, the FTZ will have the China Hainan International Cultural Relics and Artworks Exchange Center that will exhibit outstanding artworks of countries along the “Belt and Road.” It will also introduce international rules for exhibitions, transactions, and auctions, encouraging auction institutions at home and abroad. Furthermore, it will enhance the trade of artworks and cultural relics by providing an efficient international trading platform, lowering the transaction costs, offering convenience for customs clearance, supervision of bonded goods, and effective warehousing and logistics.
In addition, There are supporting policies for cross-border e-commerce and cross-border finance. Keep up with us or email us in areas that interest you.