Life-health biz in Hainan eyes growth

Island's free trade port helping attract pharma firms from around the world

Hainan province is positioning itself as a premier destination for the global health and wellness sector, with senior officials and business leaders pledging stronger international cooperation, during a major forum held in Haikou on Tuesday.

The "Dialogue on Hainan Free Trade Port: A New Global Vision for Health" brought together more than 170 enterprises from 19 countries and regions, including 80 foreign life-health companies and 105 senior executives from global giants such as Siemens, Pfizer and Novo Nordisk.

Feng Fei, Party secretary of Hainan, said the island province is becoming a new frontier of China's opening-up, a hotbed for mutually beneficial cooperation and a new engine for economic globalization.