Economic indicators Haikou, Hainan Province, China in the first half of 2018: GDP reached 79.749 billion yuan, an increase of 8.1%

Statistics show that Haikou GDP in the first half of 2018 reached 79.749 billion yuan, an increase of 8.1% over the previous year. The growth rate is 2.3 percentage points higher than the average for the provinces of China. The level of contributions to the province's economic growth reached 51.5%, for the first time in several years GDP growth was the highest in the province.
According to statistics, Haikou litchi's sales volume this year reached 778 million yuan, an annualized increase of 64.8%, in the first half of the year, Haikou agriculture increased its value added to 3.533 billion yuan, an increase of 4.8% year-on-year.

In the first half of 2018, the value added was 63.454 billion yuan, which accounted for 74.5% of the city's economic growth. Among them, from January to May, business incomes in the sphere of culture, sports and entertainment grew by 50.1% compared to the same period last year and became a new point of economic growth.

Haikou offered to attract more than 500,000 key talents within 8 years, set up a talent development office and open a "green channel" for talent, the Haikou economy was subsidized from six aspects: community incentives, housing subsidies, incentives for business contributions, talent incentives, remuneration for agglomeration and incentives.

On May 18, 2018 PricewaterhouseCoopers officially settled in Haikou and became the first international professional services organization that settled in Hainan. Subsequently, Haikou and PricewaterhouseCoopers launched a business promotion event in Shanghai, which attracted more than 100 multinational companies to participate in business. According to statistics, since the launch of the 100-day investment promotion project, 12 companies have been registered in Haikou.

Haikou and Alibaba, Suning and other enterprises open a green channel for industrial and commercial, food surveillance, taxation and other permits.
In the first half of 20188, 15,000 new enterprises were registered in Haikou, an increase of 31.8% compared to the previous year, while the newly added authorized capital was 178.205 billion yuan, 31.2% up, and the business environment consistently is optimized.


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