Li Zhiping, deputy director of the Hainan Provincial Department of Commerce, explained at a press conference held on the 14th that Hainan uses ecological and environmental zoning control requirements as a “precondition” and “rigid constraint” to attract investment, and resolutely abandons the “everything you pick up in the basket” model of “everything you pick up in the basket.” In the first half of this year, the province's investment in high-tech industries increased by 20.7 percentage points compared to the full year of last year, and a number of green and low-carbon projects are being implemented at an accelerated pace. Li Zhiping explained that the Hainan Investment Promotion Department is mainly promoting the implementation of green entry requirements through measures such as strictly enforcing the negative industrial entry list and establishing a project screening system.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.