haikou

Shenzhen is bracing for the arrival of super typhoon Yagi, which is expected to be the strongest storm to make landfall in Guangdong Province in nearly a decade.   Yagi, the 11th typhoon of the year, has intensified into a level 17 super typhoon with winds of up to 209 km per hour, according to the national weather forecast.   The typhoon is forecast to make landfall as a super typhoon Friday afternoon somewhere between Qionghai City in Hainan Province and Maoming City in Guangdong Province.   Shenzhen's meteorological observatory upgraded the alert level to yellow for Yantian District, Dapeng New Area, parts of Nanshan and Bao'an district, and coastal areas across the city at 7 p.m. Thursday. Among the typhoons that have made landfall in Hainan and western Guangdong, Yagi is projected to be the most intense and the closest to Shenzhen, according to the forecast.   All primary and secondary schools, kindergartens, and nurseries in the city have been suspended.   The Hong Kong-Zhuhai-Macao Bridge was closed at 9 p.m. Thursday. Vehicles traveling on Shenzhong Link are required to run at a reduced maximum speed of 70 km per hour from 9 p.m. Thursday.   Train services on…Original link

  Aerial view of Haikou's Jiangdong New Area. (Photo: Hainan Daily) On Aug. 30, a new service counter was opened at Haikou’s Jiangdong New Area Government Service Center, making overseas investment more convenient by establishing a fast track for local companies to register overseas direct investment (ODI) projects. Here, companies can take advantage of overseas investment policy consulting services and get assistance in registering projects on the National Overseas Investment Management and Service Network System (jwtz.ndrc.gov.cn). The counter also tracks and provides start-to-finish project registration services. The ‘Fast Track’ service is available for both projects managed by the Hainan Development and Reform Commission as well as the National Development and Reform Commission. For the former, companies should consult the service desk on relevant overseas investment policies, and submit required materials. Staff members will provide information on required supplementary materials and needed corrections within 1-3 business days, giving guidance to the company on how to meet the investment requirements. In principle, the Hainan Development and Reform Commission will inform the company within one business day whether the application will be accepted. If the application is not accepted, the company will be informed of the reason. If the application is accepted, a registration notice will…Original link

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