Hainan Aims to Surpass RMB 200 Billion in Core Digital Economy Revenue This Year
2025-01-20 / Read about 0 minute
Author:小编   

At the Fourth Session of the Seventh People's Congress of Hainan Province, Deng Lisong, Director of the Department of Industry and Information Technology, announced that the province's industry and information technology sector will prioritize the "top-tier project" of the Free Trade Port's customs clearance operations. The strategy emphasizes fostering "new productive forces" and implementing a "targeted investment attraction" approach. Key objectives include boosting industrial added value by 10% for enterprises exceeding a specified size, increasing industrial investment by 8%, and achieving over RMB 200 billion in revenue from core digital economy industries this year. Looking ahead to 2024, Hainan anticipates an industrial added value growth of more than 7% for eligible enterprises, an industrial investment increase of over 10%, and an 8% expansion in the core digital economy. The province also expects the output value of petrochemical new materials to surpass RMB 150 billion, maintaining the highest nationwide market penetration rate for new energy vehicles and ranking second in vehicle ownership. To achieve these goals, Hainan will deepen the application of value-added processing policies, ensure secure data flow, and set ambitious targets: RMB 160 billion for petrochemical new materials, RMB 28 billion for biomedicine, RMB 50 billion for high-end food, and RMB 18 billion for equipment manufacturing. Furthermore, the province will accelerate the development of the biomedical, wind power equipment manufacturing, commercial aerospace, and automotive industries by adopting a strategy of "investment attraction to address industrial gaps." This involves optimizing the business environment, facilitating a shift from "enterprises seeking policies" to "policies seeking enterprises," and upgrading industrial chains through business-led investment initiatives.