Hainan Island, often referred to as China’s Hawaii, was chosen by Chinese President Xi Jinping in April 2018 as the country’s latest FTZ. Photo: Handout
Hainan Island, often referred to as China’s Hawaii, was chosen by Chinese President Xi Jinping in April 2018 as the country’s latest FTZ. Photo: Handout

Hainan reassigns 20.7 million square metres of residential land for industrial use to fit Xi’s vision for province

  • Provincial government to lose US$9.2 billion in revenue as land is no longer available for residential property development

Hainan Island, often referred to as China’s Hawaii, was chosen by Chinese President Xi Jinping in April 2018 as the country’s latest FTZ. Photo: Handout
Hainan Island, often referred to as China’s Hawaii, was chosen by Chinese President Xi Jinping in April 2018 as the country’s latest FTZ. Photo: Handout
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