Headquarters Economy
Haikou is committed to building itself into a headquarters base for overseas enterprises to enter the Chinese market and a headquarters base for Chinese enterprises to go to the international market. Foreign-funded enterprises represented by LVMH, Estee Lauder, Tapestry, Bulgari, Stonewood Fund, Micro Connect (Hong Kong), KKR Group, Australian Capital, Indonesia Kapal Api Coffee and Swire Coca-Cola, as well as Longi Green Energy, Mixue Ice Cream, Huaxin Cement, Hing Sin International, BGI Genomics, Fosun Pharmaceutical and other key domestic enterprises have signed contracts for settlement in Haikou. PetroChina, Sinopec, Datang Group, Shandong Energy Group, and other Fortune Global 500 companies have rushed to set up their headquarters in Haikou, accounting for 62% of headquartered enterprises in Hainan.
Huaxin (Hainan) Investment - Overseas Investment Center
Huaxin (Hainan) Investment Co., Ltd., a wholly foreign-owned subsidiary of Huaxin Cement Co., Ltd., was registered in the Meilan District of Haikou City in December 2020. With a registered capital of USD 375 million, it primarily leverages the advantageous policies of Hainan Free Trade Port that exempt enterprise income tax on the income from new overseas direct investments by enterprises in encouraged industries to conduct domestic and overseas investment, merger and acquisition businesses. Huaxin Cement is ranked 373rd in the 2022 Fortune China 500 and is listed on both the mainland and Hong Kong stock exchanges, with a total market capitalization of approximately RMB 34.111 billion.
LONGi - Overseas Investment Center
LONGi Green Energy Technology Co., Ltd. (LONGi) is committed to becoming the world’s most valuable solar energy technology company, with operations spanning over 150 countries and regions. It has established production and manufacturing bases in China, Vietnam, and Malaysia, and has set up sales organizations in countries such as the United States, Japan, India, Australia, and the United Arab Emirates. In 2021, LONGi established an Overseas Investment Center in Haikou, leveraging the advantageous policies of Hainan Free Trade Port that exempt enterprise income tax on the income from new overseas direct investments by enterprises in encouraged industries. This has facilitated overseas project investments, such as the construction of a 3.35 GW monocrystalline cell production project in Vietnam, with a total investment of USD 100 million.
Industrial Policies
Key Hainan Free Trade Port Policies
Provincial and Municipal Support Policies
