The State Council of China has officially announced the approval for setting up a pilot free trade zone (FTZ) in the southern province of Hainan, with an overall development plan aiming to reduce restrictions on foreign investment on the island.
Legend Holdings, one of China’s largest investment holding conglomerates, released its 2018 interim report on Aug. 29. During the reporting period, it has amassed a total revenue of 156.549 billion yuan, a year-on-year growth of 10%.
The 2018 Boao Forum for Asia (BFA) opened today in Boao, Hainan. It will last four days and host around 2,000 guests from over 60 countries and regions around the world.