The Fund for Regional Development of Chinese-Armenian Relations(Fund) and Qiongshan District Commercial Bureau of Haikou City, Hainan Province signed an exclusive agreement on investment cooperation in order to assist in attracting interested enterprises from Russia, the CIS, and Germany to the region. Dr. Sergey Avanesov, Chairman and CEO of the Fund was also awarded the high title of Investment Ambassador of the People's Government of Qiongshan District, Hainan Province. (https://chinaarmenia.am/en/news/view/123/ )At the same time, the Fund registered a special company in Hainan province to provide comprehensive support and assistance to Russian, CIS countries and German enterprises in registering enterprises, obtaining tax and customs benefits and selling products. The Fund will also provide services to attract financing from Chinese banks.
The Fund invites large Russian, CIS and German holdings and enterprises to participate in a unique program in Hainan.
It is also proposed to host scientific institutions dealing with agricultural problems, and prominent scientists are invited to cooperate.
Below is information about Qiongshan District.
Qiongshan District, Haikou City, Hainan Province, China, is located in the north of Hainan Province and the south of Haikou City. The area has obvious regional advantages, and the district center is 10 km from Haikou Meilan International Airport. Qiongshan District takes full advantage of a number of preferential conditions for the construction of the Free Trade Port of Hainan, constantly expanding international trade and economic cooperation and combining its features and advantages to create an industrial system compatible with the Free Trade Port.