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Hainan To Break Dependence on Real Estate

CHINA PRESS

Authorities in Hainan will break the province's economic reliance on real estate and construct a modern industrial system with high productivity, Liu Xiaoming, deputy secretary of the Hainan Provincial Party Committee told reporters at a recent press conference. The provincial government will focus on new economic drivers in tourism, modern services, and high-tech industries, and high-efficiency tropical agriculture, Liu added. The island will receive support to become a hub for high-end shopping, medical care, and education. (Source: 21st Century Business Herald)

MNI Beijing Bureau | lewis.porylo@marketnews.com

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