Biz-friendly Hainan attracting top firms

Zeng Sheng, founder and chairman of Susheng Biotech (Hainan) Co and an expert in skeletal regeneration in Hainan province, first visited the island province in 2019 as a sailor competing in the Round Hainan Regatta, a world-renowned sailing event. Drawn by the tropical landscape and his love for coconuts, he later saw the island as an ideal place to conduct business.

A year after his initial visit, Zeng explored Hainan's pharmaceutical industry and chose to establish his company in the Haikou National High-tech Industrial Development Zone — one of 13 key industrial parks in Hainan Free Trade Port — recruiting overseas returnees as core team members to leverage the zone's established medical manufacturing infrastructure.

He was also attracted by the Boao Lecheng International Medical Tourism Pilot Zone, where preferential policies allow the use of overseas-approved drugs and medical devices not yet available in the Chinese mainland.