Chinese President Xi Jinping visited Sanya, a tropical city in the south of the Chinese mainland province of Hainan, to review the progress of the Hainan Free Trade Port (FTP) and share his vision for its future.
During a keynote speech, Xi highlighted the need for high standards across the board—from streamlined customs to cutting-edge digital services—to ensure Hainan becomes a global hub for trade, travel, and innovation 🌴🚀.
He stressed that the FTP should:
- Embrace a simplified customs system for smoother cross-border flows 🔄
- Offer a competitive tax landscape to attract talent and investment 💼
- Foster green development, balancing growth with environmental care 🌱
- Harness digital tech to build next-level e-commerce and fintech solutions 💻
For young innovators in Bengaluru, Jakarta, or Manila, this means new chances to collaborate, test start-up ideas, and tap into an expanding market across South and Southeast Asia 🌏✨.
With high standards as its guiding star, the Hainan FTP aims to set a fresh benchmark for free trade zones worldwide, helping the Chinese mainland boost openness while offering a supercharged launchpad for global entrepreneurs.
Reference(s):
cgtn.com
