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flag A historic pearl auction in Hainan used free trade perks to boost luxury goods trade and tourism.

flag A first-of-its-kind pearl auction took place on Friday in Sanya, Hainan, leveraging the Hainan Free Trade Port’s preferential policies to boost high-end consumer goods trade. flag Held in Yazhou Bay Science and Technology City, the event featured black pearls and aimed to position Hainan as a global hub for jewelry commerce and tourism. flag The auction supports broader efforts to attract international investment and enhance the region’s role in luxury goods trade under the FTP’s open-market framework.

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