RUB/USD 0,0106
BRL/USD 0,1906
INR/USD 0,1197
CNY/USD 0,1379
ZAR/USD 0,5254
Moscow 14 °C
Brazilia 24 °C
New Delhi 36 °C
Beijing 17 °C
Pretoria 27 °C
Abu Dhabi 31 °C
Иконка с часами 14 minutes 2 sec.
Ambassador of Ethiopia to Russia Uriat Cham Ugala/ “Joining BRICS is a growth opportunity for Ethiopia”
Иконка с часами 20 minutes 11 sec.
Douw Vermaak/ «Relations between Russia and South Africa are getting stronger»
Иконка с часами 8 minutes 22 sec.
Anthony Phiri, Harare Institute of Technology/"The world needs to work together to reduce greenhouse gas emissions"
11.04.2417:12 Society
UAE joins media co-operation with BRICS countries through TV BRICS network
05.04.2415:17 Society
TV BRICS to promote Cuba's co-operation with BRICS+ countries in the film industry
01.04.2412:56 Culture
Viewers of Venezuela's parliamentary TV channel to see programmes about small towns in Russia
13.03.24 10:30

Chinese province steps up construction of modern industrial system

This was announced by Communist Party Secretary of Hainan Feng Fei

Hainan will step up construction of a modern industrial system to improve the quality, sustainability and competitiveness of its economic growth. This will enable it to develop into a free trade port with special Chinese characteristics and global influence, said Communist Party Secretary of Hainan Feng Fei.

To promote high-quality economic development, Hainan is resolutely abandoning dependence on real estate and stepping up the construction of a modern industrial system that includes "four pillars, three strengths, and three premium service sectors," said Feng.

The "four pillars" refers to four major industries: tourism, modern service industry, high-tech industry and tropical agriculture. These industries account for 62.4 per cent of the province's GDP, up 11 percentage points from 2018, and are the pillars and engines of Hainan's economic development. This is reported by CCTV+, a partner of TV BRICS.

"The three strengths” include taking advantage of Hainan's climate, ocean depth and geographical location to develop the seed, deep-sea and aerospace industries. The high temperature creates favourable conditions for seed farming, the deep ocean is conducive to the development of maritime industry, including deep-sea technology, and the low latitude is ideal for the development of space industry, which also reduces the cost of launching space rockets.

"And the three premium service sectors are high-end shopping, medical and education, where we hope to lure back outbound consumptions," he said.

As for the positioning of Hainan's future development, it became clear when Xi Jinping, general secretary of the Communist Party of China, in April 2018, called for Hainan to become a pilot zone for comprehensive reform and opening-up, as well as a national pilot zone for environmental protection, a zone for China's core strategies and international tourism.

Photo: IStock
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data


19.04.2410:30 Society
General Elections begin in India
18.04.2419:12 Society
Colombia's president states his country wants to join BRICS
18.04.2418:31 Society
Dubai to host second Gulf Metrology Forum
18.04.2413:30 Society
Saudi Arabian scientists discover traces of human life in lava tube
17.04.2416:16 Society
Russia to chair meeting of SCO education ministers in Moscow
17.04.2411:45 Society
Sergey Lavrov about BRICS Chairmanship: We aim to achieve substantial results
19.04.2411:18 Personalities
Russian Deputy Foreign Minister Sergey Ryabkov: BRICS moves forward, creating important precedent
17.04.2415:35 Personalities
President of Russian Chamber of Commerce and Industry Sergey Katyrin: experts expect BRICS to account for 90 per cent of global GDP by 2050
12.04.2414:17 Society
Patricia Villegas Marin, President of teleSUR, one of the largest agencies in Latin America: BRICS is hope
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data