Governor Feng Fei says Hainan will strengthen supervision of business registration and operations to ensure the island’s free-trade port plan is not abused. Photo: Xinhua
Governor Feng Fei says Hainan will strengthen supervision of business registration and operations to ensure the island’s free-trade port plan is not abused. Photo: Xinhua
Hainan

China’s Hainan boosts supervision of free-trade port to prevent island becoming ‘tax haven’

  • Governor Feng Fei says Hainan will strengthen supervision of business registration and operations to keep bad players out
  • Province reduced income tax rate for selected individuals and companies to 15 per cent last June, far lower than the mainland

Governor Feng Fei says Hainan will strengthen supervision of business registration and operations to ensure the island’s free-trade port plan is not abused. Photo: Xinhua
Governor Feng Fei says Hainan will strengthen supervision of business registration and operations to ensure the island’s free-trade port plan is not abused. Photo: Xinhua
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