Core Insights - Hainan is transitioning towards a modern industrial system with a focus on four main industries: tourism, modern services, high-tech industries, and tropical efficient agriculture, which are expected to account for 67% of the region's GDP by 2024, an increase of approximately 12 percentage points from 2019 [1][2] Group 1: Economic Growth and Industry Development - Since the establishment of the Hainan Free Trade Zone in 2018, Hainan has seen an average annual growth rate of over 25% in both goods and service trade, attracting a total of $17.4 billion in foreign investment, surpassing the total of the previous 30 years [1] - The tourism sector is evolving towards a more diversified and high-quality development model, with new trends in personalized and immersive experiences, as evidenced by a shopping amount of over 2.38 billion yuan in the first month of the new duty-free policy in November 2025, a year-on-year increase of over 27% [2][3] - The biopharmaceutical industry is a leading sector in Hainan, with the Haikou National High-tech Zone reporting a 14% year-on-year increase in industrial added value from January to August this year, and a projected tax revenue increase of 32.86% [5][6] Group 2: Policy and Regulatory Framework - Hainan's policies, including zero tariffs on raw materials and a reduced corporate income tax rate of 15% for biopharmaceutical companies, are designed to foster industrial growth and attract investment [6][7] - The establishment of the first national-level intellectual property protection center in Hainan aims to accelerate the authorization of patents related to agricultural plant varieties, enhancing the protection and commercialization of research data [10] Group 3: Technological Innovation and Research - The integration of artificial intelligence and big data in breeding research is advancing, with the successful registration of the first data intellectual property certificate in Hainan, which is expected to promote the standardization and commercialization of breeding data [9][10] - Hainan's unique geographical advantages facilitate deep-sea research and experimentation, with the establishment of the Nanshan Port public scientific research dock, which is set to become a comprehensive service base for deep-sea technology [11][12]
开放新高地!海南产业蜕变:生物医药领跑、南繁种业创新