Page 168 - AmCham South China 2026 Special Report on the State of Business in South China

serving the served by domestic and international growth and improving labor remuneration and
dual circulation and achieving new cooperation labor productivity. Expanding the middle-class
results with the Belt and Road countries and group and optimizing the social security system to
Southeast countries. support public services such as education medical
care, housing and elderly care. Enriching people¡¯s
? Achieving new leaps in high-quality spiritual and cultural life and relevant impact of
economic development: Striving for high FTP culture.
economic growth with optimized structure.
Consolidating and upgrading the four pillar ? Elevating the capacity of security
industries to promote higher-end, cluster governance: Further strengthening the national
development. Accelerating cultivation of security system and capacity, making the FTP¡¯s
emerging and future industries. Increasing the risk control system more rigorous and effectively
total productivity, household consumption rate preventing and resolving risks in key areas.
and the attractiveness of tourism consumption. Accelerating the construction of legal system
and public security governance. Promoting the
? Technological innovation to reaching a mechanism of close military-civilian cooperation.
new level: On technology, Hainan seeks to build
a multi-level innovation system with national and Action Plan to Accelerate the Construction
provincial laboratories and technology innovation of a Modern Industrial System with
centers in seeds, deep sea and aerospace areas Characteristics and Advantages (2025-2027) 136
to strengthen the integration of technology and
industrial innovation. Hainan plans a new ¡°Million Hainan unveiled a three-year action plan
Talent Revitalize Hainan¡± initiative, more flexible in August 2025, aiming to establish a modern
evaluation systems and incentives and a more industrial system with distinctive features and
open regime for international talent. competitive advantages by 2027. This initiative
comes as the Hainan FTP officially launched
? Coordinated development of regional island-wide special customs operations on 18
development: Deeply participating national December 2025, a milestone in China¡¯s opening
strategic initiatives and collaborating closely with up efforts.
the GBA, Jing-Jin-Ji and Yangtze River Delta regions.
Enhancing the leading role of Haikou, Sanya ? By 2027, the plan targets raising the
and Danzhou and building Wenchang, Qionghai, contribution of four pillar industries to about 70%
Dongfang, Chengmai and Wanning as important of Hainan¡¯s GDP. Key initiatives include advancing
economic growth drivers. Narrowing down the the construction of an international tourism and
development gas between regions, urban and consumption hub, accelerating the integration of
rural areas and stimulating the comprehensive producer services with advanced manufacturing and
rural revitalization. upgrading lifestyle services toward higher quality.

? Building the new landscape of ? Modern services are projected to account
¡°Beautiful Hainan¡±: ¡°Beautiful Hainan¡± reiterates for nearly 30% of GDP by then. The integration
the province¡¯s role as a national ecological of technological and industrial innovation will be
civilization pilot zone and the government sets intensified, with the province aiming to achieve the
out a package of policies on pollution control, R&D investment intensity of 1.8% and ensure high-
ecological zoning, environmental legislation and tech industries contribute more than 17% of GDP.
green transformation, including ¡°zero-waste island¡±
initiatives and blue-carbon projects. ? Hainan is actively seeking cross-border
asset management policy pilots and developing a
? People¡¯s living standards to reach a cross-border capital monitoring platform, aiming
new high: New progress will be made in high- 136 Government site of Hainan, https://www.hainan.
quality full employment. Synchronizing the gov.cn/hainan/zymygxwzxd/202508/1dd146be9b4849c
growth of households¡¯ income with economic 29e4254bc8e7fee94.shtml

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