7 March 2017
Haikou (Hainan) City Information
|Major Economic Indicators (2015)|
|Land Area (km2)||2,305|
|GDP (RMB billion)||116.2|
|GDP Per Capita (RMB)||52,534|
|Retail Sales of Consumer Goods (RMB billion)||59.6|
|Utilised FDI (USD million)||426|
|Exports (USD million)||5,986|
|Imports (USD million)||21,072|
Source: Hainan Statistical Yearbook 2016
Haikou is the capital city of the Hainan province located in the northern coast of the Hainan Island. Due to its tropical climate, Haikou is dubbed the “coconut city”.
Haikou is designated as a national hub in MOFCOM’s development plan (2015-2020) of distributive trade and logistics. Haikou Meilan International Airport is China's nineteenth largest airport and Haikou Xiuying Port is linked with Guangdong’s Xuwen County by a special train. Trains from Guangdong to Haikou, or vice versa, are divided into several segments and loaded onto ferries for transferring across the strait.
Haikou’s agricultural sector is characterised by the production of tropical fruits and plants. Major commercial crops include rubber, coffee, sugar cane and pepper corn.
Automobile accounts for about 30% of Haikou’s industrial output. A leading manufacturer is Haima Motor, a subsidiary of First Auto Works. Other major industries include chemical, electrical machinery, pharmaceutical and food processing.
Haikou has a big service sector, in which tourism is the most important industry.
Major Industrial Parks / Development Zones
1. Hainan Yangpu Economic Development Zone (state-level)
Target industries: Petrochemicals, paper pulp products, bio-pharmaceuticals
Major investors: Sinopec, China National Offshore Oil Corp
2. Haikou Integrated Free Trade Zone (state-level)
Major industries: Food processing, glass products, building materials
Major investors: APP Group, Jiangzhilin Paper Bulk
3. Hainan International Science and Technology Industrial Park (state-level)
Major industries: Biopharmaceuticals, microelectronics, optical
Major investors: Hainan Willine Pharmaceutical, Hainan Qinghua Technology Ltd
4. Haikou National Hi-Tech Industrial Development Zone
Major industries: Electronic information, bio-pharmaceuticals, ocean engineering