Construction of 142 projects involving a total investment of 37.3 billion yuan ($5.85 billion) started Thursday in south China’s Hainan Free Trade Port. The projects include 49 industrial projects, or 65 percent of the total, with a combined input of 24.4 billion yuan. A batch of major scientific research projects was among the highlights of the announced industrial projects.
An advanced technology and industrial innovation platform is expected to be built in Hainan’s Sanya, helping to integrate technology centers covering research on intelligent electromechanical equipment, marine information detection, synthetic aperture radar (SAR) micro-nano satellites and deep-sea engineering.