Hainan
Subsidiaries
Hainan Trade Industrial Co., Ltd.
Hainan Trade Industrial Co., Ltd. is a wholly owned subsidiary of the Foundation for Regional Development of China–Armenia Relations.
The Company was registered on 11 October 2022 in Hainan Province, People's Republic of China. Its registered capital amounts to RMB 100 million (approximately USD 13.7 million). The Company's Founder and Chief Executive Officer is Dr. Sergey Avanesov.

Cooperation with Hainan Province
A Memorandum of Cooperation has been signed between the People's Government of Hainan Province (PRC) and the Shirak Province (Marz) of the Republic of Armenia.
All rights for the implementation of this Memorandum have been entrusted to the Foundation for Regional Development of China–Armenia Relations (the Foundation).
Further information regarding the signing of the Memorandum and the related activities can be found in the News section.
Pursuant to these powers, the Foundation is carrying out systematic work to implement the Memorandum in practice. Specifically, to execute the Foundation's plans for establishing an International Trade House, Hainan Trade Industrial Co., Ltd. was incorporated and registered as the Foundation's principal operational instrument in Hainan Province.
In addition, the Foundation has signed an exclusive investment cooperation agreement with the Commerce Bureau of Qiongshan District, Haikou City. Dr. Sergey Avanesov has been officially authorized by the Government of Hainan Province to serve as an Investment Ambassador.

International Trade House
Hainan Trade Industrial Co., Ltd. was established as the foundation for creating the International Trade House.
Companies and organizations from Germany, Hungary, Brazil, South Africa, and Russia have already expressed strong interest in participating in its establishment. For this reason, the project is positioned as an International Trade House, bringing together partners from multiple countries and providing access to the markets of Asia, Europe, Latin America, and Africa.

Company Capabilities
  • Access to the tax incentives and preferential policies available within the Hainan Free Trade Port.
  • Assistance with company registration and business operations in Hainan.
  • Investment attraction and implementation of projects in priority industries.
  • Organization of international cooperation within the framework of the future International Trade House.
  • Support for entering the Hainan market and utilizing its advantages as a logistics and trade hub connecting China, ASEAN countries, and other regions of the world.
The Company forms part of the Foundation's integrated infrastructure alongside Armenia China (Sichuan) Business Services Co., Ltd.
Hainan Trade Industrial Co., Ltd. is a strategic instrument established by the Foundation to implement the Memorandum of Cooperation between the Government of Hainan Province and the Shirak Province of the Republic of Armenia, as well as to establish the International Trade House with the participation of partners from Europe, Asia, Latin America, and Africa.