China to set up free trade zone in southern island province of Hainan
1 minuto China will set up an international free trade zone and port on the island of Hainan, state radio said on Friday, citing President Xi Jinping, granting foreign firms greater economic freedom in the southernmost province. The announcement came on Hainan’s 30th anniversary as a province. Originally administered as part of nearby Guangdong on the mainland, the South China Sea island was given province status in 1988 and was declared the country’s fifth special economic zone as part of former leader Deng Xiaoping’s Continue lendo→