Ten banks in Hainan launch EF account services

May 6 saw the official launch of multi-function free trade accounts (EF [Electronic Fence] accounts) in the Hainan Free Trade Port (FTP). By midday, ten banks in Hainan had successfully launched EF accounts, opening accounts for 34 companies.

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Welcome to Hainan, a charming island full of vitality and opportunity!

Hainan, a tropical island at the southernmost of China, has a land area of 35,400 square kilometers, a sea area of about 2 million square kilometers, and a population of about 10 million.

It is China's second largest island after Taiwan.

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The 11 parks carry the important task of implementating the "early arrangement" of Hainan FTP policy, and are models and pilot areas for the construction of Hainan FTP.

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  • Office of the Hainan Free Trade Port Working CommitteeNo. 69 Guoxing Avenue, Meilan District, Haikou City, Hainan Province, 570203, China

  • hnshgb_xchch@sina.com