State Council of the People's Republic of China

“ Article 20 When coming to Hainan Island to negotiate investment or trade, promote economic and technological exchange, visit relatives or to tour, foreigners from countries or regions having diplomatic relations or official trade links with China, may apply for entry visas at the port of Haikou or Sanya if their stay in Hainan does not exceed 15 days; those who need to stay in Hainan longer or who want to go on to other parts of China on justifiable grounds, may apply for an extension of visa or obtaining an additional visa endorsement according to relevant provisions. ”

“ Investors from other parts of China shall be free to remit their profit earnings from the enterprises on the Island. And no retroactive income tax shall be levied on the profit earnings remitted to other parts of China within ten years beginning from the first profit-making year. ”

“ Article 8 Investors may, in the form of an equity or contractual joint ventures, invest in the construction of infrastructure on Hainan Island such as ports, wharves, airports, highways, railways, power stations, coal mines and water conservancy projects or may also engage in facilities with exclusive investment. They may also invest in various business and service enterprises related to the above-mentioned facilities in accordance with the relevant regulations of the State to undertake comprehensive operations. ”