Breaking
DERussia resumes attacks on Kyiv after a three-day breakJPIt turns out that a company executive was involved in the arson attack at a cake shop in Motosu City, Gifu Prefecture.CNZhubei Employment Center held an on-site recruitment event for seniors to work together for generations. 20 companies released 1,185 vacancies.BRDoctor is killed by partner in Maringá; suspect confesses crime to family memberCNShen Yulin's mansion community in Neihu, Taipei was shocked to hear that the police seized the Texas Hold'em Poker CasinoGLOBALElena Rybakina defeats Naomi Osaka to reach US Open quarter-finals and close in on world number oneCNWinbond’s trading volume ranked second among Taiwanese stocks, and its stock price soared by more than 6%.CNA nurse in Taichung was hit and crushed twice to death. The driver involved in the accident was transferred to police on suspicion of homicide.ITDrone attack hits Saratov, damage to civilian infrastructure and possible victimsCNA whale watcher accidentally fell into the sea at Wushi Port in Yilan. The tourist took off his life jacket and fell into the sea. The crew members were praised for their bravery in the rescue.DERussia resumes attacks on Kyiv after a three-day breakJPIt turns out that a company executive was involved in the arson attack at a cake shop in Motosu City, Gifu Prefecture.CNZhubei Employment Center held an on-site recruitment event for seniors to work together for generations. 20 companies released 1,185 vacancies.BRDoctor is killed by partner in Maringá; suspect confesses crime to family memberCNShen Yulin's mansion community in Neihu, Taipei was shocked to hear that the police seized the Texas Hold'em Poker CasinoGLOBALElena Rybakina defeats Naomi Osaka to reach US Open quarter-finals and close in on world number oneCNWinbond’s trading volume ranked second among Taiwanese stocks, and its stock price soared by more than 6%.CNA nurse in Taichung was hit and crushed twice to death. The driver involved in the accident was transferred to police on suspicion of homicide.ITDrone attack hits Saratov, damage to civilian infrastructure and possible victimsCNA whale watcher accidentally fell into the sea at Wushi Port in Yilan. The tourist took off his life jacket and fell into the sea. The crew members were praised for their bravery in the rescue.
BackChasing Dreams of China·Overseas Chinese Meet the Free Trade Port: The Old City Transforms into a “New City”
Chasing Dreams of China·Overseas Chinese Meet the Free Trade Port: The Old City Transforms into a “New City”
Developing
中国新闻网45 minutes agoBusiness3 min readChinaView original

Chasing Dreams of China·Overseas Chinese Meet the Free Trade Port: The Old City Transforms into a “New City”

Quick Look

  • The old town of Chengmai County in Hainan has passed the "Old Town Science and Technology New Town" management system reform, integrated the ecological software park, Jinma Modern Logistics Park and other areas, and developed digital economy, oil and gas services and other industries.
  • In 2025, the revenue will reach 245 billion yuan, becoming the core position of new quality productivity and an important base for enterprises to go overseas.

AI-generated summary

Why It Matters

The old town of Chengmai County was originally named Chengjiangpo. The county government was established in the third year of Daye of the Sui Dynasty (AD 607). In the 21st year of Guangxu of the Qing Dynasty (1895), the county seat was moved to Jinjiang Town and renamed "Old City". In 2023, Hainan issued a reform plan for the management system of the Old City Science and Technology New City, and the Ecological Software Park and Jinma Modern Logistics Park were included in the Old City Economic Development Zone and renamed.

Font size

China News Service, Chengmai, Hainan, September 8th, Title: Chasing the Dream of China· Overseas Chinese Seeing the Free Trade Port: The Old City Transformed into a “New City”

China News Service reporter Fu Yuqun

The core industry of the digital economy has a revenue of 103.5 billion yuan, the oil and gas exploration and production service industry has successfully applied for a tens of billions-level industrial cluster, and has cultivated the province's first national key leading enterprise in agricultural industrialization that operates the entire industry chain...

On September 7, Chinese media representatives participating in the "Chasing China and Overseas Chinese Seeing Free Trade Port" 2026 Overseas Chinese Media Hainan Interview Tour visited the Hainan Old Town Science and Technology New Town Administration Bureau in the old town of Chengmai County. The beating industrial data and cutting-edge scientific and technological achievements in the exhibition hall were in sharp contrast with the name "Old Town" of this thousand-year-old town.

On September 7, overseas Chinese media representatives visited the Hainan Old Town Science and Technology New Town located in the old town of Chengmai County. Photo by China News Service reporter Luo Yunfei

The old town was the seat of Chengmai County in ancient times, formerly known as Chengjiangpo. In the third year of Daye of Sui Dynasty (AD 607), Chengmai County was established here. From then on, it has been the political, economic and cultural center of Chengmai for 1288 years. In the 21st year of the reign of Emperor Guangxu of the Qing Dynasty (1895), the county seat was moved to Jinjiang Town. To commemorate this period of history, "Chengjiangpo" was renamed "Old City", which is still used today.

Thousands of years later, this place named "old" is answering with "new".

"The old city is not old, and the new city is booming." Wang Jiadong, investment director of the Chengmai County Old City Science and Technology New City Administration, told representatives of the Chinese media that in March 2023, Hainan issued the "Old City Science and Technology New City Management System Reform Plan", and the Hainan Ecological Software Park and Jinma Modern Logistics Park were integrated into the Old City Economic Development Zone and renamed the Old City Science and Technology New City, implementing the "one city, three parks" management model. In 2025, Laocheng Science and Technology New City's "one city and three parks" will achieve revenue of approximately 245 billion yuan, becoming the core position to promote the development of new productivity and help enterprises "go overseas".

Wang Jiadong said that relying on the dividends from the Hainan Free Trade Port's customs closure operation, the park focuses on developing the four leading industries of digital economy, oil and gas exploration and production services, advanced manufacturing, and modern logistics, and cultivating future industries such as artificial intelligence and low-altitude economy. It has formed a 100-billion-level digital economy cluster and three 10-billion-level clusters of oil and gas services, food intensive processing, and new materials. It is moving towards the development goals of "one city, one district, and two bases" - a coastal industrial new city, a digital-physical integration innovation zone, an oil and gas service base, and an enterprise overseas headquarters base.

A set of data confirms the quality of the "new city": Hainan Ecological Software Park gathers about 16,000 companies, and Tencent, Baidu and other companies have deployed their overseas businesses here; as of June this year, Hainan's game overseas public service platform has 119 companies settled in it, and 213 overseas games have been released. The number of users exceeds 33.52 million; there are more than 30 cross-border e-commerce live broadcast base companies, and more than 60 foreign anchors from 12 countries including Russia, Greece, and Spain have signed cooperation contracts; in 2025, the park has completed 82 investment signing projects with a contract value of 18.8 billion yuan.

In addition, the construction of major projects such as Macun Port Phase III and CNOOC Hainan Production Support Base has been accelerated. Chengli Group’s new energy special vehicle export assembly base and Zhongyun (Chengmai) Industrial Park have been launched one after another. A “new” industrial landscape is growing on the “old” land.

On September 7, overseas Chinese media representatives visited the Hainan Old Town Science and Technology New Town located in the old town of Chengmai County. Photo by China News Service reporter Luo Yunfei

"The open policy of the Hainan Free Trade Port provides convenient conditions for enterprises to carry out export trade. I am very concerned about how Chinese products go to sea through Hainan." At the Hainan Game Overseas Maker Space in Chengmai, watching the domestic games from here to the Southeast Asian, European and American markets, Xu Bingyi, chairman of the Malaysian Overseas Media Group, said that integrating local culture into products and selling overseas through the free trade port channel is exactly the answer he is looking for during this trip. "In Chengmai, in the Old City Science and Technology New City, I saw this possibility."

Zhao Xu, deputy director of the New Zealand China News Agency, was deeply touched by the contrast between "old" and "new". She said that the old city once went down in history as a thousand-year-old county seat. Now, under the word "old city", what beats is the surging pulse of the digital economy, artificial intelligence and the wave of overseas expansion.

After learning that foreign anchors from Russia and other countries are active in the cross-border e-commerce live broadcast base in the park, Wang Niandong, a reporter from Russia's "Dragon News", said that Chinese culture is going to the world in new forms such as games, short plays, e-commerce, etc. This exploration of "cultural overseas" also provides new topics and new channels for cultural exchanges between China and foreign countries. "I will tell the story of this 'new city' to more overseas readers."

Chengmai was once called the "ferry" because Su Dongpo moved south and returned to the north; today, the old city Science and Technology New City is becoming the "new ferry" for the culture of the new era to go overseas. From the county seat in the Sui Dynasty to the Hainan Free Trade Port New City, thousands of years of time have folded on this land - the "old city" is not old, and the "new city" is booming. (over)

What to Watch

AI outlook — possibilities, not facts

  • Laocheng Science and Technology New City will continue to attract more digital economy and manufacturing companies to settle in, with revenue expected to exceed 280 billion yuan in 2026.

    Likely · Within months

  • The number of enterprises and overseas games settled in the Hainan game overseas public service platform will maintain a growing trend, and the number of overseas users is expected to exceed 50 million.

    Possible · Within months

Open Questions

  • What are the specific industrial development goals of Laocheng Science and Technology New City in the next five years?
  • How does the cross-border e-commerce live broadcast base ensure long-term and stable cooperation with foreign anchors?
  • How to evaluate the industrial spillover effect of a 100-billion-level digital economy cluster on surrounding areas?

Related Topics

This article was originally published by 中国新闻网.

Related Stories

Fuqiao's stock price hits a new high, benefiting from tight supply of high-end fiberglass cloth and rising prices
Developing·

Fuqiao's stock price hits a new high, benefiting from tight supply of high-end fiberglass cloth and rising prices

The stock price of Fuqiao (1815) surged again today, rising nearly 9% to a new listing high of 141.5 yuan. Benefiting from the tight supply of high-end fiberglass cloth and the continued rise in prices, domestic and foreign investors accumulated purchases. Yesterday, the three major legal entities bought more than 23,779 units, driving the stock price to the limit. As of 10:47, the stock price rose 6.15% to temporarily trade at 138 yuan, with a trading volume of more than 88,900 contracts. The company pointed out that the shipment proportion of next-generation Low DK2 products will continue to increase, and the proportion of advanced process products in production capacity will increase to 70% this year.

自由时报
1 min read
The Peasants and Workers’ Party held a symposium to promote the high-quality development of Guizhou Dafang Gastrodia elata industry
Developing·

The Peasants and Workers’ Party held a symposium to promote the high-quality development of Guizhou Dafang Gastrodia elata industry

The Peasants' and Workers' Party held a symposium on the development of the gastrodia gastrodia industry in Dafang County, Bijie, Guizhou. Experts provided suggestions on topics such as source protection, ecological planting, quality control, and intensive processing to promote the transformation of the industry from traditional planting to full-chain integration. It is expected that the comprehensive output value will reach 3.5 billion yuan in 2026, and will reach 10 billion yuan in 2030.

中国新闻网
3 min read
Zhubei Employment Center held an on-site recruitment event for seniors to work together for generations. 20 companies released 1,185 vacancies.
BREAKING·

Zhubei Employment Center held an on-site recruitment event for seniors to work together for generations. 20 companies released 1,185 vacancies.

The Zhubei Employment Center will hold an on-site talent recruitment event at the Doulunli Assembly Hall in Zhubei City from 1:30 to 4 pm on the 11th. The theme is "Sharing Good Things for All Generations, Employment for the Elderly." It invites 20 well-known companies such as technology manufacturing and department stores and catering to release 1,185 high-quality job vacancies. It will also provide an employment promotion area and one-stop services to help middle-aged and elderly people and people who are employed for the second time return to the workplace.

自由时报
2 min read
Winbond’s trading volume ranked second among Taiwanese stocks, and its stock price soared by more than 6%.
BREAKING·

Winbond’s trading volume ranked second among Taiwanese stocks, and its stock price soared by more than 6%.

Winbond benefited from Huida CEO Jen-Hsun Huang, who is optimistic that OpenAI's new generation model GPT-6 Astra will usher in the AGI era, stimulating an explosion in memory demand. The stock price opened higher during the session and soared by more than 6%. It stood at 192 yuan and reported at 189 yuan at 10:36 am. The trading volume reached 160,000 yuan and the transaction value was 30.4 billion yuan, ranking second in the Taiwan stock market. The legal representative pointed out that its niche DRAM and SLC markets were in short supply in the third quarter, with prices rising by about 50% quarter-to-quarter; NOR Flash benefited from large CSP customers' stockings, and the price increase is estimated to be 30%. The three major legal entities bought a net 49,000 lots yesterday, and foreign investors bought more than 52,000 lots for the second time in a row.

自由时报
2 min read
Civil servants may also fall into family financial crisis: Japanese cases show that the "iron rice bowl" does not guarantee a safe retirement
Developing·

Civil servants may also fall into family financial crisis: Japanese cases show that the "iron rice bowl" does not guarantee a safe retirement

Tetsuya Saito (pseudonym), a 53-year-old national civil servant in Japan, has a monthly salary of about 540,000 yen, and his actual income after tax is about 410,000 yen. However, due to heavy mortgage payments, children's education fees and living expenses, he cannot make ends meet every month and needs to rely on bonuses to fill the deficit. His salary is expected to shrink significantly after the age of 60, but the mortgage loan needs to be paid until the age of 65, which shows that even if he has a stable career, he may face a family financial crisis.

自由时报
3 min read
The 15th China Intellectual Property Annual Conference was held in Beijing. Multiple data demonstrated the results of high-quality development of intellectual property.
Developing·

The 15th China Intellectual Property Annual Conference was held in Beijing. Multiple data demonstrated the results of high-quality development of intellectual property.

The 15th China Intellectual Property Annual Conference was held in Beijing from September 8 to 9. The meeting revealed that during the "14th Five-Year Plan" period, my country's intellectual property work has shifted from pursuing quantity to improving quality. The patent law has been comprehensively revised, and the highest standard infringement punitive compensation system has been established; domestically valid invention patents have The number of applications reached 5.394 million, and the number of trademark registrations reached 50.816 million. The number of PCT international patent applications ranked first in the world for seven consecutive years; the added value of patent-intensive industries exceeded 18 trillion yuan, accounting for 13.38% of GDP; the annual import and export volume of intellectual property royalties More than 400 billion yuan; 129 national-level intellectual property protection centers and rapid rights protection centers have been built, and social protection satisfaction has increased to 82.81 points; basic intellectual property data should be as open as possible, and public services can be provided through one window and one network; newly joined the Hague Agreement and Malaysia The Lakash Treaty promoted the conclusion of the WIPO Treaty and the Riyadh Design Law Treaty; WIPO released the "Global Innovation Index Report 2025" showing that my country's ranking rose to 10th, ranking among the top ten in the world for the first time, and the number of the world's top 100 innovation clusters ranked first among countries for three consecutive years.

中国新闻网
2 min read