Yangpu Lays out New Strategy to Drive Hainan’s Economy

By / SSTV / Updated: 22:28,15-January-2022

The "135" three-step initiative is set to be implemented in Yangpu. In 2022, the administrative reform of the combination of Danzhou and Yangpu is expected to be finished, with interconnection of the spatial and industrial planning. In the next three years, the effect of FTP policies will be further released, bringing more improved trade and investment; in addition, the business environment is expected to reach the domestic first-class level. In the next five years, an integrated development pattern of Danzhou and Yangpu will be basically formed, and the coordinated output of the primary, secondary, and tertiary industries will be improved. The Yangpu International Shipping Hub for the new western land-sea freight route and regional infrastructure integration are set to be basically completed.

“We will implement the policies well and continue to strengthen institutional innovation to optimize the business environment. Our focus will be also on some new policies, for example, extending the value-added policy from Yangpu Bonded Port Area to the entire Yangpu Economic Development Zone, in preparation for the independent customs operation by 2025,” said Wang Jianqin, deputy director of Yangpu Economic Development Zone Working Committee.

This year, Yangpu also attaches importance to economic quality and industrial structure. A green high-end petrochemical materials base, a new energy industry and manufacturing base, as well as a health food port are set to be built. Based on academician workstations and state key laboratories, it will strive to introduce more research institutions, and build a "super research institute".

Li Shaojun, senior manager of Energy and Chemical Business Division of Yangpu International Investment Consulting Co., Ltd. introduced that the projects they introduced should be in line with the policies, high standards, high added value, low energy consumption, and low emissions, to further help the high-quality development of Danzhou and Yangpu integration.

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