Haikou, capital of the southern Chinese island province of Hainan, which is expected to be transformed into a world class free trade zone by next year. Photo: Xinhua

Why China is struggling to realise its dream of a Hainan hi-tech paradise

  • The southern tropical province is to be transformed into a digital free trade zone, but there is still much to be done
  • Officials struggle to meet the grand plan’s ambitious targets
Topic |   Two Sessions 2019 (Lianghui)

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Haikou, capital of the southern Chinese island province of Hainan, which is expected to be transformed into a world class free trade zone by next year. Photo: Xinhua
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The Great Hall of the People where delegates to the National People’s Congress were handed the latest draft of China’s new foreign investment law. Photo: Simon Song

China promises companies ‘we will keep your secrets’ with new foreign investment law

  • Updated foreign investment law due to come into effect from January 1, 2020
  • Legislation is seen as Beijing’s answer to demand from US President Donald Trump to stop US firms being forced to transfer technologies to local partners
Topic |   Two Sessions 2019 (Lianghui)

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The Great Hall of the People where delegates to the National People’s Congress were handed the latest draft of China’s new foreign investment law. Photo: Simon Song
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