HAIKOU -- The southern Chinese province of Hainan on Monday unveiled a plan aimed at drawing more high-skilled overseas personnel to work and start business on the island.

According to the plan, universities, hospitals, scientific research institutes and statutory bodies in Hainan will reserve a number of posts for overseas talent. Qualified personnel will be allowed to serve as legal representatives of statutory bodies, public institutions and state-owned enterprises.

"They will be offered an annual salary ranging from 300,000 to 800,000 yuan ($43,880 to $117,000)," said Li Jing, an official with the provincial human resources and social security department.

On June 1, China released a master plan for Hainan free trade port, aiming to make the island a globally influential high-level free trade facility by the middle of the century.