On October 17, Haikou hosted the inaugural comprehensive land management and 2024 Land Supermarket investment promotion event in Hainan Province. The event showcased 31 projects with a total investment of 28.4 billion yuan and signed contracts for 8 projects amounting to 4.7 billion yuan.

Comprehensive land management is crucial for addressing territorial issues and promoting ecological civilization. The initiatives include rehabilitating inefficient land, reclaiming damaged areas, developing unused lands, and restoring polluted or degraded sites.

According to the Hainan Provincial Department of Natural Resources and Planning, there are currently 37 national and provincial pilot projects for comprehensive land management. In 2024, 14 new projects are in the pipeline, bringing the total to 51 with an expected investment of 36 billion yuan. Of these, 31 projects, with a total investment of 28.4 billion yuan, are currently available for investment in the Land Supermarket. Hainan is also planning a series of comprehensive land management initiatives along the island’s tourism ring road and the tropical rainforest national park tourism road, with investments exceeding 10 billion yuan for the Sanya economic circle.

This event aims to advance comprehensive land management in Hainan, establish a diversified investment and financing mechanism, and foster a new model of cooperation among government, banks, and enterprises. During the promotion, officials from the Hainan Provincial Department of Natural Resources and Planning provided insights into the comprehensive land management policies, farmland protection, and urban-rural land transaction regulations. Representatives from the Agricultural Development Bank of China and the National Development Bank also introduced their policy-driven financial tools. Local municipalities, including Haikou, Sanya, and Danzhou, along with the Hainan Agricultural Reclamation Investment Holding Group, presented their projects.

A representative from the Hainan Provincial Department of Natural Resources and Planning stated that this promotional event was designed to create a platform for the government to share information about comprehensive land management projects across the province, clarify key policies, and facilitate investment from financial institutions and private capital.