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flag Hainan, China’s tropical island, is booming as a free-trade hub with zero tariffs, boosted by strong ties with Hong Kong and surging tourism.

flag Hainan, China’s tropical island province, is advancing as a free-trade hub with zero tariffs on most imports and duty-free access for locally processed goods since its separate customs regime launched in December. flag Officials highlight growing cooperation with Hong Kong, leveraging Hong Kong’s global finance and legal strengths alongside Hainan’s low taxes and offshore bond capabilities. flag Inbound tourism surged 82% during the Spring Festival, and zero-tariff goods now make up 74% of items on the island. flag The Hainan-Hong Kong Economic Cooperation Demonstration Zone is expanding, with mutual recognition of professional qualifications and deeper integration of supply chains. flag Hong Kong investors benefit from preferential policies, and both regions aim to strengthen collaboration in trade, finance, tourism, and industry.

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