Hainan offers housing incentives to attract talent

Hainan is offering housing incentives to attract talent to the tropical island province, where the country's 12th free trade zone - its largest - is being created.

A notice from the provincial government on Friday said the employees of companies that move their headquarters to the island will enjoy the same housing policies and credit support as locals when buying a house, even though they don't have household registration in Hainan.

The supplementary measure, which is intended to address problems of new employees settling in the Hainan FTZ, will improve the business environment, attract investors, promote opening-up and development of headquarters, and optimize the living environment, local officials said.