Archive for the 'Hainan' Category

There will be a special export zone in the southern island province of Hainan. The Yangpu Bonded Port Area will enjoy tax breaks and other preferential policies similar to three zones in Shanghai, Tianjin and Dalian according to Shanghai Securities News.

Vice province governor Jiang Sixian said at a press conference that the port is expected to become a logistics hub as well as an export center for petrochemicals.

He said, ‘It’s conducive to faster economic growth of Hainan and the whole region.’

The Yangpu Port will be built up in three phases with the first phase already started and will eventually cover an area of 9.2 square kilometers with an annual throughput of 70 million tonnes

The first phase of construction had already started, said Jiang Sixian.

RMB50 billion will be spent on construction and the area will host industries with a total output value of RMB100 billion, generating RMB12 billion in taxes annually by 2012.

Yangpu bonded harbor area borders the ASEAN trading zone, is close to key international shipping routes, and has a deep-water shoreline of more than 50 km where 80 berths with dead-weight-tonnages of up to 300,000 tons can be built.
It will be the closest industrial base to the oil and gas resources in the South China Sea.

Our illustration shows shows a 300,000 ton-class oil tanker anchored at Yangpu Port in south China’s Hainan Province.

Major improvements are planned for Sanya Phoenix Airport which serves the coastal city in China’s southernmost province of the island of Hainan. The airport is on the Luhuitou Peninsula overlooking the South China Sea.

It originally opened in 1994 but was substantially expanded in 2002 and 2003 to cater for the 20% annual growth of passengers. Further expansion of the main terminal and the construction of a new international terminal are now being carried out to increase the airport’s ability to handle up to 6 million passengers a year.
Source: China View

China’s national rail-ferry network has been extended to the country’s southernmost city of Sanya, on the island of Hainan. Sanya’s inclusion comes after the completion of a 364-kilometer rail link with Haikou, capital of Hainan Province. (Note that there is ferry involved. Many puzzled queries on the Internet as to whether a railway bridge had been built between Hainan and the mainland. No. The train crosses by ferry.)
The new Guangdong-Hainan Railway is a vital part of the railway network in China now linking, by ferry, Hainan with the Beijing-Kowloon Railway, the Beijing-Guangzhou Railway, and the Nanning-Kunming Railway. At its opening this month much was made of its potential effect on tourism. Yang Zhekun, the director of the Hainan Institute of Tourism, said, ‘The railway offers travelers a secure, economical and timely way to come to Hainan, which will boost the marketing of local tourism.’

There are two major benefits. The first is tourism. In 2006, 15 million tourists visited Hainan with the figures growing at an annual rate of 24%. The second benefit is freight. The new service is expected to carry up to 10 million tons of freight a year.

Time to Guangzhou is 15 hours, Shanghai 36.5 hours and Beijing 35 hours. The renovation of the rail link to Sanya, begun in June last year, cost EMB2.3 billion funded by the provincial government and the Ministry of Railways.
Source: English People’s Daily Online

An oil reserve base may be built at China’s southernmost island province of Hainan. Wei Liucheng, secretary of the Hainan Provincial Committee, said, ‘We are currently negotiating with international petroleum syndicates to this end.’

Wei said that ‘Hainan boasts distinctive advantages in building both a national strategic oil reserve base and a commercial oil reserve base.’

He said the island lies near main international oil shipping routes, and that any oil reserve would be complemented by the 300,000-ton crude oil wharf currently located in the Yangpu Economic Development Zone on the island.

China is already building four first-phase strategic oil reserve bases in Zhenhai and Daishan in Zhejiang Province, Huangdao near Qingdao City of Shandong Province and Dalian in Liaoning Province.

Wei is a deputy to the Tenth National People’s Congress (NPC), China’s top legislature currently in its annual session in Beijing. His remarks came at a panel discussion of Hainan lawmakers.
Source: Xinhua