INTRODUCTION

The construction of Hainan Free Trade Port is a key milestone in 2020, with China’s highest level of openness and the country’s only free trade port expected to usher in unprecedented business opportunities in Hainan. Hainan Government have identified 11 key parks including Fullsing Internet Industrial Park as key incubators for the implementation of Free Trade Port policies.

Fullsing Internet Industrial Park is established by Fullsing Group (Hainan Province's well-known industrial investment and park operation management private enterprise), launched in 2015 when China released the national strategies of "Internet +" and "Mass Entrepreneurship and Innovation". Led by digital economy, there are four industrial clusters of digital economy industry developed in Fullsing Internet Industry Park: intelligent Internet of Things, digital trade, financial technology and international offshore. Fullsing Internet Industry Park is devided into district 1: Fullsing Internet Innovation Base and district 2: West-Coast Internet Headquarters Base.

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