"As China transits to a more innovation-driven economy, an understanding of how businesses deal with this change is critical to operating in this environment," said Rachel Duan, president and CEO of GE China.
Another two berths, each with a 225,000-ton capacity, are close to being completed on Phoenix Island, according to local officials. The construction is a testament to Hainan's ambition to turn Sanya into an Asian Miami, on par with Miami, Florida, in the United States, which is known as the cruise capital of the world.
On the first anniversary of his premiership on Dec 26, Abe chose to visit the Yasukuni Shrine, where 14 notorious Class-A WWII war criminals are enshrined. It was the first such visit by a sitting Japanese prime minister in seven years.
At this defining moment when globalization desperately needs support, the annual Boao Forum for Asia conference is setting the stage for President Xi to further define China's stance.
Hung Hsiu-chu, former chairperson of the Kuomintang (KMT) party, and New Party chairman Yok Mu-ming will participate in the event, along with residents from the island, An Fengshan, spokesperson for the State Council Taiwan Affairs Office, said at a press conference on Wednesday.
The annual tourist capacity of the terminals is expected to reach 1 million by 2020, the governor said. He added that international flights will grow from the current 56 to 100 in three years as two major airports - Haikou Meilan International Airport and Sanya Phoenix International Airport - are expanding. The fifth airport on the island is taking shape on the western coast.